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City of Hobart Considering $18.2M Loan from Indiana Bond Bank

Town of Hobart logoTown of Hobart
Disclosed value
$18,250,934
From agenda
Document date
Nov 5, 2025
Term
1 year

The 30-second brief

What it covers

The City of Hobart, Indiana is seeking authorization to make temporary loans up to $18,250,934 with temporary loan tax anticipation warrants to the Indiana Bond Bank for the fiscal year ending December 2026.

Who holds it

Indiana Bond Bank holds this loan contract with Town of Hobart. Its other public contracts on record include work for DeKalb County Eastern Community School District and Western School Corporation.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Loan
Amount
$18,250,934
Document date
November 5, 2025
Term
1 year
Vendor
Indiana Bond Bank
Agency
Town of Hobart
Source document
city-of-hobart-common-council-meeting-agenda-november-5-2025_20f.pdf (Agenda)

Indiana Bond Bank's other public contracts

DeKalb County Eastern Community School District, IndianaSchool District to Consider Indiana Bond Bank Funding Resolution · Oct 19, 2026UndisclosedWestern School Corporation, IndianaWestern School Authorizes Indiana Bond Bank Fuel Agreement · Oct 13, 2026UndisclosedCity of Cambridge, IndianaWaterworks Revenue Bonds Planned Through Indiana Bond Bank · Oct 12, 2026UndisclosedCity of Cambridge, IndianaGeneral Obligation Bonds Planned Through Indiana Bond Bank · Oct 12, 2026UndisclosedMount Vernon Community School Corporation, IndianaSchool Considers Indiana Bond Bank Advance Option · Oct 2, 2026UndisclosedAll Indiana Bond Bank contractsVendor profile

More Town of Hobart contracts

Hobart OwnerHobart Owner LLC LTMA approved for 61st & Colorado · Nov 19, 2025UndisclosedAmeripro RoofingAmeripro Roofing building permit refund approved · Nov 19, 2025UndisclosedPrice Point BuildersPrice Point Builders performance bond reduction approved · Nov 19, 2025UndisclosedBFS&SBFS&S awarded $35,825 change order for roundabout construction · Nov 19, 2025$35.8KNwi United ConstructionNWI United Construction LLC fencing approval for property · Nov 6, 2025UndisclosedAll Town of Hobart activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of Hobart?

Indiana Bond Bank was awarded this loan contract by Town of Hobart, as recorded on November 5, 2025. The contract value is $18,250,934.

How much is the Indiana Bond Bank contract with Town of Hobart worth?

The Indiana Bond Bank contract with Town of Hobart is valued at $18,250,934, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-hobart-common-council-meeting-agenda-november-5-2025_20f.pdf (Agenda), dated November 5, 2025 from Town of Hobart. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Indiana Bond Bank hold?

Indiana Bond Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Hobart currently buying?

Explore Town of Hobart's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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