CONTRACTAPPROVED

City of Chilton Awards $880,000 Financial Services Contract to Horizon Development (July 2026)

City of Chilton logoCity of Chilton
Disclosed value
$880,000.00
From minutes
Approved
Jul 7, 2026

The 30-second brief

What it covers

The City of Chilton approved subordination of its Uptown Commons development loan position to an $880,000 refinanced mortgage held by DMB Community Bank for Horizon Development. This action preserves the bank’s first lien position while keeping the city as a subordinate lender under the development agreement.

Who holds it

Horizon Development holds this financial services contract with City of Chilton. Its other public contracts on record include work for Carpentersville village (pt.) and City of Stafford city.

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Contract details

Contract type
Financial Services
Amount
$880,000.00
Document date
July 7, 2026
Source document
City of Chilton Common Council Meeting Minutes 2026-07-07 (Minutes)

Horizon Development's other public contracts

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Questions about this contract

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

Horizon Development was awarded this financial services contract by City of Chilton, as recorded on July 7, 2026. The contract value is $880,000.00.

How much is the Horizon Development contract with City of Chilton worth?

The Horizon Development contract with City of Chilton is valued at $880,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Chilton Common Council Meeting Minutes 2026-07-07 (Minutes), dated July 7, 2026 from City of Chilton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Horizon Development hold?

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

What is City of Chilton currently buying?

Explore City of Chilton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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