City of Geneseo Regular Council Meeting Minutes 2026-05-12
Revolving Loan Fund Approved for DeSplinter Electric
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Description
The Geneseo City Council approved Resolution R-26-13 authorizing a Revolving Loan Fund agreement with DeSplinter Electric Inc. The loan will support rebuilding after tornado damage, with specific financial terms not detailed in the minutes.
Contract Details
Vendor
DESPLINTER ELECTRIC INC
Agency
Town of Geneseo, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Info
Revolving Loan Fund agreement; specific repayment schedule and maturity not stated in the minutes.
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