FINANCIAL_SERVICESRENEWED

City Plans Renewal of Credit Line with Blackhawk

East Moline is seeking approval to renew its $6,500,000.00 short-term line of credit with Blackhawk Bank & Trust at a 4.75% interest rate for an additional 12 months. The facility will continue to provide flexible financing for municipal cash-flow and project needs.

Status
RENEWED
Document date
August 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Blackhawk Bank & Trust
Agency
City of East Moline city · IL

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
$6,500,000.00
Contract type
FINANCIAL_SERVICES
Contract term
12-month renewal
Renewal
Line of credit to be renewed for a 12-month term with an interest rate of 4.75%; renewal maintains existing facility with a $6,500,000.00 limit.
Document type
AgendaPacket
Source document
City of East Moline Committee of the Whole Agenda Packet 2026-08-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of East Moline city?

Blackhawk Bank & Trust was awarded this financial services contract by City of East Moline city, as recorded on August 17, 2026. The contract value is $6,500,000.00.

How much is the Blackhawk Bank & Trust contract with City of East Moline city worth?

The Blackhawk Bank & Trust contract with City of East Moline city is valued at $6,500,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of East Moline Committee of the Whole Agenda Packet 2026-08-17 (AgendaPacket), dated August 17, 2026 from City of East Moline city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Blackhawk Bank & Trust hold?

Blackhawk Bank & Trust 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 City of East Moline city currently buying?

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

View City of East Moline city's profile

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