CONTRACTAPPROVED

City of Gilman Awards $221,130 Financial Services Contract to Eastern Illinois Economic Development Authority (March 2025)

City of Gilman
Disclosed value
$221,130
From minutes
Approved
Mar 10, 2025

The 30-second brief

What it covers

Gilman approved Ordinance 24-25-18 ceding $221,130 of its 2025 Home Rule Volume Cap in Private Activity Bonding Authority to the Eastern Illinois Economic Development Authority. The city retains the right to have the bonding capacity returned within three years if needed for local projects.

Who holds it

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

What happens next

Term as filed: Up to three years to recall ceded authority.

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Contract details

Contract type
Financial Services
Amount
$221,130
Document date
March 10, 2025
Term
Up to three years to recall ceded authority
Source document
city-of-gilman-regular-meeting-minutes-march-10-2025_6cb.md (Minutes)

Eastern Illinois Economic Development Authority's other public contracts

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Questions about this contract

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

Eastern Illinois Economic Development Authority was awarded this financial services contract by City of Gilman, as recorded on March 10, 2025. The contract value is $221,130.

How much is the Eastern Illinois Economic Development Authority contract with City of Gilman worth?

The Eastern Illinois Economic Development Authority contract with City of Gilman is valued at $221,130, 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-gilman-regular-meeting-minutes-march-10-2025_6cb.md (Minutes), dated March 10, 2025 from City of Gilman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is City of Gilman currently buying?

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

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