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City Considers Ceding Bonding Authority to EIEDA

City of Champaign logoCity of Champaign
Document date
Apr 21, 2026

The 30-second brief

What it covers

The City of Champaign will consider an ordinance to cede private activity bonding authority to the Eastern Illinois Economic Development Authority. This action would shift a portion of the City's bonding capacity to support regional economic development financing.

Who holds it

Eastern Illinois Economic Development Authority holds this financial services contract with City of Champaign. Its other public contracts on record include work for Town of Urbana and City of Urbana.

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Contract details

Contract type
Financial Services
Document date
April 21, 2026
Vendor
Eastern Illinois Economic Development Authority
Agency
City of Champaign
Source document
City of Champaign City Council Agenda April 2026 (Agenda)

Eastern Illinois Economic Development Authority's other public contracts

Town of Urbana, IllinoisUrbana Transfers 2026 Bond Cap to EIEDA for Housing · Apr 12, 2026City of Urbana, IllinoisUrbana to allocate bond cap to Eastern Illinois EDA · Apr 6, 2026$2.7MCity of Gilman, IllinoisCity to Cede Bonding Authority to EIEDA · Feb 9, 2026UndisclosedCity of Urbana, IllinoisUrbana cedes bond cap to Eastern Illinois EDA · Sep 23, 2025UndisclosedCity of Gilman, IllinoisCity Cedes Bonding Authority to Regional EDA · Mar 10, 2025$221.1KAll Eastern Illinois Economic Development Authority contractsVendor profile

More City of Champaign contracts

Cross Construction IncAsphalt Street Improvement Bid to Cross Construction · Apr 21, 2026UndisclosedTown of NormalChampaign Ordinance on Bond Volume Cap with Normal · Apr 21, 2026UndisclosedIllinois Housing Development AuthorityCity Plans Bond Allocation to Housing Authority · Apr 21, 2026$4.1MClark Dietz IncEngineering Agreement for Police Fuel System Design · Apr 21, 2026UndisclosedOpengov IncChampaign to renew OpenGov software license · Apr 7, 2026UndisclosedAll City of Champaign activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Champaign?

Eastern Illinois Economic Development Authority was awarded this financial services contract by City of Champaign, as recorded on April 21, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Champaign City Council Agenda April 2026 (Agenda), dated April 21, 2026 from City of Champaign. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eastern Illinois Economic Development Authority hold?

Eastern Illinois Economic Development Authority 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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