City of Fulton Council Meeting Minutes 2026-05-26
Clinton National Bank Loan Approved for Downtown Reconstruction
Trusted by teams at
Description
City Council approved a $700,000 loan at 4.0% interest for 5 years from Clinton National Bank to finance the 4th Street Downtown Reconstruction Project.
Contract Details
Contract Amount
$700,000 (loan)
Vendor
CLINTON NATIONAL BANK
Agency
City of Fulton, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
5 years fixed 4.0% interest, then rate reset
Renewal Date
2031-05-26
Renewal Info
Interest rate reset after 5 years; potential for early payoff if funds are available.
More from CLINTON NATIONAL BANK
Related Contracts
Miles City Council Minutes 2026-06-03
APPROVEDDelmar City Council Minutes 2026-05-13
RENEWEDCity of Miles Regular Council Meeting Minutes 2026-05-06
APPROVEDMiles City Council Meeting Minutes April 2026
APPROVEDCity of Delmar Minutes Delmar City Council Proceedings 2026-04-08
APPROVEDMore from City of Fulton
City of Fulton Council Meeting Minutes 2026-05-26
City of Fulton Council Meeting Minutes 2026-05-26
City of Fulton Council Meeting Minutes 2026-05-26
City of Fulton Council Meeting Minutes 2026-05-26
City of Fulton Council Meeting Minutes 2026-05-26
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.