City Finalizes Bond & Credit Line with Pontiac Bank
Delavan Ayer Public Library DistrictLibrary District · Delavan, IL- Document date
- Jul 7, 2026
The 30-second brief
The City of Delavan finalized a bond with Pontiac Bank to fund the Lagoon Project and established a line of credit as backup while awaiting tax revenue. Both financial arrangements are intended to support near‑term capital and cash flow needs.
Pontiac Bank holds this financial services contract with Delavan Ayer Public Library District.
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Contract details
- Contract type
- Financial Services
- Document date
- July 7, 2026
- Vendor
- Pontiac Bank
- Source document
- Delavan City Council Minutes 2026-07-07 (Minutes)
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Questions about this contract
Who was awarded the financial services contract by Delavan Ayer Public Library District?
Pontiac Bank was awarded this financial services contract by Delavan Ayer Public Library District, as recorded on July 7, 2026.
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 Delavan City Council Minutes 2026-07-07 (Minutes), dated July 7, 2026 from Delavan Ayer Public Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What is Delavan Ayer Public Library District currently buying?
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