Assumption City Council Meeting Minutes November 1 2023
$256,000 Ten-Year Loan Awarded to First National Bank of Assumption
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Description
The City awarded a $256,000, 10-year loan at 4.95% interest to First National Bank of Assumption following a successful bid.
Contract Details
Contract Amount
$256,000.00
Vendor
FIRST NATIONAL BANK OF ASSUMPTION
Agency
Assumption Community Fire Protection District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
November 1, 2023
Contract Term
4.95% for 10 years
Renewal Date
2033-11-01
Renewal Info
10-year fixed rate loan. Documentation to be prepared by Moran and Associates.
More from FIRST NATIONAL BANK OF ASSUMPTION
Related Contracts
Issuing Agency
Assumption Community Fire Protection District
Fire District
Assumption, IL
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