Village of Willowbrook Agenda Packet 2026-06-08
Village Implements $15M Credit Line for Development
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Description
Willowbrook Board authorized a $15 million delay draw term loan (line of credit) from Hinsdale Bank & Trust Company, N.A. to finance economic development in the Business District through June 2029.
Contract Details
Contract Amount
$15,000,000
Vendor
HINSDALE BANK & TRUST COMPANY N.A.
Agency
Willowbrook village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
June 8, 2026
Contract Term
3-year term (expires June 1, 2029)
Renewal Date
2029-06-01
Renewal Info
Line of credit expires June 1, 2029; may be renewed or reissued at end of term.
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