Starling Senior Apartments to provide reduced performance guarantee
Lake Ka-Ho villageCity · IL- Disclosed value
- $2,117,625.00
- From resolution
- Document date
- Jun 23, 2025
- Term
- September 3, 2024 - June 26, 2025
The 30-second brief
Starling Senior Apartments Limited Partnership has a performance guarantee for public improvements tied to their project. The Village previously accepted a CIBC Bank USA Irrevocable Letter of Credit in the amount of $2,117,625.00. While much of the required work has been completed, improvements remain outstanding and the letter is expiring. The attached resolution authorizes the release of the existing letter of credit, contingent upon receipt by June 23, 2025, of either a new irrevocable letter of credit in a reduced amount of $142,683.75, or a cash deposit in the same reduced amount.
Starling Senior Apartments holds this performance guarantee contract with Lake Ka-Ho village. Its other public contracts on record include work for Lake Villa village (pt.).
Term as filed: September 3, 2024 - June 26, 2025.
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Contract details
- Contract type
- Performance Guarantee
- Amount
- $2,117,625.00
- Document date
- June 23, 2025
- Term
- September 3, 2024 - June 26, 2025
- Agency
- Lake Ka-Ho village
- Source document
- lake-ka-ho-village-resolution-2025-06-23_0d6.pdf (Resolution)
Starling Senior Apartments's other public contracts
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Questions about this contract
Who was awarded the performance guarantee contract by Lake Ka-Ho village?
Starling Senior Apartments was awarded this performance guarantee contract by Lake Ka-Ho village, as recorded on June 23, 2025. The contract value is $2,117,625.00.
How much is the Starling Senior Apartments contract with Lake Ka-Ho village worth?
The Starling Senior Apartments contract with Lake Ka-Ho village is valued at $2,117,625.00, covering performance guarantee work.
What type of contract is this?
This is a Performance Guarantee contract, documented as a resolution record.
Where was this contract approved?
This contract appears in lake-ka-ho-village-resolution-2025-06-23_0d6.pdf (Resolution), dated June 23, 2025 from Lake Ka-Ho village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Starling Senior Apartments hold?
Starling Senior Apartments 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 Lake Ka-Ho village currently buying?
Explore Lake Ka-Ho village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.