tamararoa-school-dist-5-meeting-minutes-2024-09-16_2db.pdf
Line of Credit Approved with DuQuoin State Bank
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Description
The Board approved a line of credit with DuQuoin State Bank up to $250,000 at an interest rate of 4.50% for six months to cover obligated services until tax levy funds arrive. The agreement allows designated staff to make draws on the account.
Contract Details
Contract Amount
Up to $250,000, interest rate of 4.50%
Vendor
DUQUOIN STATE BANK
Agency
Tamaroa School Dist 5, IL
Contract Type
FINANCIAL_SERVICES
Document Date
September 16, 2024
Contract Term
six months
Renewal Date
2025-03-16
Renewal Info
Term is six months; further renewal would require new approval.
More from DUQUOIN STATE BANK
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Tamaroa Grade School District #5 Board Meeting Agenda March 2026
DISCUSSEDtamaroa_grade_school_district_5_board_minutes_sept.pdf
APPROVEDtamaroa_grade_school_district_5_board_minutes_sept.pdf
APPROVEDDuquoin CUSD 300 Vendor Publication April 2025
tamaroa-school-dist-5-agenda-2024-09-17_112.pdf
DISCUSSEDMore from Tamaroa School Dist 5
Tamaroa Grade School District #5 Regular Board Meeting April 2026
Tamaroa Grade School District #5 Regular Board Meeting April 2026
Tamaroa Grade School District #5 Regular Board Meeting April 2026
Tamaroa Grade School District #5 Regular Board Meeting April 2026
Tamaroa Grade School District #5 Regular Board Meeting April 2026
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