Title Company Engaged for Park District Property Closing
Downers Grove Park DistrictSpecial District · Downers Grove, IL- Document date
- Jan 1, 2025
The 30-second brief
The Downers Grove Park District will utilize a licensed Illinois title company to conduct the escrow closing, hold earnest money, and issue an owner’s title insurance policy for its $820,000 acquisition of 1001 Maple Avenue. Escrow and title-related costs are shared between the seller and the District according to the contract terms.
Title Company holds this financial services contract with Downers Grove Park District. Its other public contracts on record include work for Cass County and Kane School District.
Term as filed: Closing date in 2025; escrow closing for the transaction and holding of earnest money; title policy issued in amount of Purchase Price.
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Contract details
- Contract type
- Financial Services
- Document date
- January 1, 2025
- Term
- Closing date in 2025; escrow closing for the transaction and holding of earnest money; title policy issued in amount of Purchase Price
- Vendor
- Title Company
- Source document
- Downers Grove Park District Resolution Authorizing the Acquisition of Real Property 2025-01-01 (Resolution)
Title Company's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Downers Grove Park District?
Title Company was awarded this financial services contract by Downers Grove Park District, as recorded on January 1, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Downers Grove Park District Resolution Authorizing the Acquisition of Real Property 2025-01-01 (Resolution), dated January 1, 2025 from Downers Grove Park District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Title Company hold?
Title Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Downers Grove Park District currently buying?
Explore Downers Grove Park District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.