Park District Plans 2025 Bond Sale to Local Bank
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Description
The Prophetstown Park District board agenda includes an ordinance to issue $125,000 in General Obligation Park Bonds, Series 2025, and sell them to Farmers National Bank of Prophetstown. The bond proceeds will fund land acquisition, park facility improvements, and related expenses, backed by a direct annual tax levy.
Contract Details
Contract Amount
$125,000
Vendor
FARMERS NATIONAL BANK PROPHETSTOWN ILLINOIS
Agency
Prophetstown Park District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
December 17, 2025
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Prophetstown Park District Board of Commissioners Meeting Agenda 2025-11-19
Prophetstown Park District Board of Commissioners Meeting November 2025
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