Village Pursues $1.2 Million State Trust Fund Loan

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $1,200,000

Contract type

FINANCIAL_SERVICES

Contract term

Five-year term

Renewal

One-time five-year municipal general obligation loan; no renewal terms mentioned.

Document type

Agenda

Source document

summit-village-board-agenda-public-works-projects-capital-plan-jul-10-2025_beb.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Summit village?

State Trust Fund Loan was awarded this financial services contract by Summit village, as recorded on July 10, 2025. The contract value is Not to exceed $1,200,000.

How much is the State Trust Fund Loan contract with Summit village worth?

The State Trust Fund Loan contract with Summit village is valued at Not to exceed $1,200,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in summit-village-board-agenda-public-works-projects-capital-plan-jul-10-2025_beb.pdf (Agenda), dated July 10, 2025 from Summit village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Trust Fund Loan hold?

State Trust Fund Loan 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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