De Pere Common Council Agenda December 2025
Council approves collateral assignment to Community First
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Description
The Common Council approved Community First Credit Union’s receipt of assigned payment rights from Phoenix of De Pere, LLC as collateral for financing tied to two development parcels. The consent formalizes the lender’s security interest under the City’s agreement.
Contract Details
Vendor
COMMUNITY FIRST CREDIT UNION
Agency
City of De Pere, WI
Contract Type
FINANCIAL_SERVICES
Document Date
December 16, 2025
Renewal Info
The consent applies for the duration of the underlying loan and payment agreement; renewal terms are not discussed.
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