Wintrust proposes $15M working capital credit line
City of EvanstonCity · Evanston, IL- Disclosed value
- Up to $15,000,000 working capital line of credit (indicative)
- From agendapacket
- Document date
- Sep 13, 2022
The 30-second brief
Wintrust Bank, N.A. outlined indicative terms for a non-revolving working capital line of credit of up to $15 million to support the City of Evanston’s cash needs. The proposed facility would feature fixed taxable or tax-exempt interest rates around 3.82% and 3.48%, a maturity of March 15, 2022, and depository balance requirements, subject to credit approval and City acceptance.
Wintrust Bank N.A. holds this financial services contract with City of Evanston. Its other public contracts on record include work for Calumet Memorial Park District and Town of New Trier.
Term as filed: Maturity March 15, 2022; availability for draws through October 17, 2022.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- Up to $15,000,000 working capital line of credit (indicative)
- Document date
- September 13, 2022
- Term
- Maturity March 15, 2022; availability for draws through October 17, 2022
- Vendor
- Wintrust Bank N.A.
- Agency
- City of Evanston
- Source document
- City of Evanston AgendaPacket Finance & Budget Committee 2022-09-13 (AgendaPacket)
Wintrust Bank N.A.'s other public contracts
More City of Evanston contracts
Questions about this contract
Who was awarded the financial services contract by City of Evanston?
Wintrust Bank N.A. was awarded this financial services contract by City of Evanston, as recorded on September 13, 2022. The contract value is Up to $15,000,000 working capital line of credit (indicative).
How much is the Wintrust Bank N.A. contract with City of Evanston worth?
The Wintrust Bank N.A. contract with City of Evanston is valued at Up to $15,000,000 working capital line of credit (indicative), 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 Evanston AgendaPacket Finance & Budget Committee 2022-09-13 (AgendaPacket), dated September 13, 2022 from City of Evanston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Wintrust Bank N.A. hold?
Wintrust Bank N.A. 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 Evanston currently buying?
Explore City of Evanston's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.