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Village Considers $200,000 Line of Credit Proposal

New Athens village logoNew Athens village
Disclosed value
$200,000.00 (line of credit, proposal pending)
From meeting minutes
Document date
May 20, 2024

The 30-second brief

What it covers

The Village of New Athens is considering a $200,000 working capital line of credit with 1st National Bank of Waterloo, secured by future tax revenue using Tax Anticipation Warrants. A proposal will be prepared for further board review and approval.

Who holds it

1st National Bank of Waterloo holds this financial services contract with New Athens village. Its other public contracts on record include work for DAUGHERTY PUBLIC LIBRARY DISTRICT and Smithton CCSD 130.

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Contract details

Contract type
Financial Services
Amount
$200,000.00 (line of credit, proposal pending)
Document date
May 20, 2024
Vendor
1st National Bank of Waterloo
Agency
New Athens village
Source document
new-athens-village-meeting-minutes-2024-05-20_4b5.txt (Meeting Minutes)

1st National Bank of Waterloo's other public contracts

DAUGHERTY PUBLIC LIBRARY DISTRICT, IllinoisLibrary CD Rolled Over at Local Bank · Jan 14, 2025$31.7KDAUGHERTY PUBLIC LIBRARY DISTRICT, IllinoisMemorial Trust CD Rolled Over at Local Bank · Jan 14, 2025$49.7KDAUGHERTY PUBLIC LIBRARY DISTRICT, IllinoisSecond Library CD Rolled Over for 12 Months · Jan 14, 2025$31.7KSmithton CCSD 130, IllinoisDistrict CD with 1st National Bank Expires · Nov 21, 2024UndisclosedNew Athens Fire Protection District, IllinoisVillage considers $200,000 line of credit with Bank of Waterloo · May 20, 2024$200KAll 1st National Bank of Waterloo contractsVendor profile

More New Athens village contracts

MEDSTARSale of Ambulance Units to MedStar · Jun 23, 2025UndisclosedMEDSTARAmbulance Units Sale to MedStar on Table · Jun 23, 2025UndisclosedMEDSTARMedStar Bids Considered for Ambulance Units · Jun 23, 2025UndisclosedFidelity InvestmentsMove Fidelity Investments to Local Bank · Jun 23, 2025UndisclosedFidelity InvestmentsFidelity Investments banking services move · Jun 23, 2025UndisclosedAll New Athens village activityAgency profile

Questions about this contract

Who was awarded the financial services contract by New Athens village?

1st National Bank of Waterloo was awarded this financial services contract by New Athens village, as recorded on May 20, 2024. The contract value is $200,000.00 (line of credit, proposal pending).

How much is the 1st National Bank of Waterloo contract with New Athens village worth?

The 1st National Bank of Waterloo contract with New Athens village is valued at $200,000.00 (line of credit, proposal pending), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in new-athens-village-meeting-minutes-2024-05-20_4b5.txt (Meeting Minutes), dated May 20, 2024 from New Athens village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 1st National Bank of Waterloo hold?

1st National Bank of Waterloo 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 New Athens village currently buying?

Explore New Athens village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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