FINANCIAL_SERVICESAPPROVED

Aurora West USD 129 Awards Financial Services Contract to Old Second Bancorp Aurora (June 2020)

West Aurora School District 129 approved a resolution designating Old Second Bancorp Aurora as a depository for district school funds. Deposits are limited to 75% of the bank’s capital and surplus, and the bank must provide statutory financial statements to the Board.

Document date · June 15, 2020

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Maximum amount to be deposited not to exceed 75 percent of capital and surplus
Contract type
FINANCIAL_SERVICES
Renewal
Resolution is effective as of June 15, 2020 and remains until superseded or amended by a subsequent Board action; no fixed end date or automatic renewal specified.
Document type
Resolution
Source document
aurora-west-usd-129resolution2020-06-15_704.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Aurora West USD 129?

Old Second Bancorp Aurora was awarded this financial services contract by Aurora West USD 129, as recorded on June 15, 2020. The contract value is Maximum amount to be deposited not to exceed 75 percent of capital and surplus.

How much is the Old Second Bancorp Aurora contract with Aurora West USD 129 worth?

The Old Second Bancorp Aurora contract with Aurora West USD 129 is valued at Maximum amount to be deposited not to exceed 75 percent of capital and surplus, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in aurora-west-usd-129resolution2020-06-15_704.pdf (Resolution), dated June 15, 2020 from Aurora West USD 129. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Old Second Bancorp Aurora hold?

Old Second Bancorp Aurora may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Aurora West USD 129 currently buying?

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