Park District of Franklin Park Board Meeting Minutes January 2026
Lakeside Bank Buys 2026 Park District Bonds
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Description
The Park District of Franklin Park awarded Lakeside Bank the purchase of its $1,263,975 General Obligation Limited Tax Park Bonds, Series 2026, at a 2.75% net interest rate. The bond proceeds will fund building, maintaining, improving and protecting park land and facilities.
Contract Details
Contract Amount
$1,263,975
Vendor
LAKESIDE BANK
Agency
Franklin Park Park District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
January 27, 2026
Renewal Info
Bond issuance authorized under Ordinance #25-26-6/O; no renewal terms as this is a fixed bond issue.
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