Greater Peoria Sanitary and Sewage Disposal District Meeting Minutes December 2025
Board approves $2.75M 12‑month CD investment
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Description
The District approved a $2,750,000 twelve‑month certificate of deposit with Illinois National Bank at a 3.85% yield. This investment was part of the December 16, 2025 consent agenda following the Investment Committee’s recommendation.
Contract Details
Contract Amount
$2,750,000.00
Vendor
ILLINOIS NATIONAL BANK
Agency
Greater Peoria Sanitary District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
December 16, 2025
Contract Term
12 months, yield 3.85%
Renewal Info
Single-term certificate of deposit investment; may be reinvested upon maturity subject to future Board action.
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