Winnebago county Housing Authority Awards Financial Services Contract to Rockford Rides LLC (September 2023)
Winnebago county Housing AuthorityLocal Housing Authority · Rockford, IL- Disclosed value
- $50,000 at 8.5% interest for 7 years
- From agenda
- Approved
- Sep 28, 2023
- Term
- 7 years
- Renews
- Free account
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THE 30-SECOND BRIEF
The Winnebago County Board approved a $50,000 loan at 8.5% interest for seven years to Rockford Rides, LLC from the county's Revolving Loan Fund to aid in the purchase of a 20-passenger coach bus. The loan is secured by a subordinated lien on the vehicle and personal guarantees.
Rockford Rides LLC holds this financial services contract with Winnebago county Housing Authority. Its other public contracts on record include work for Winnebago County.
The renewal date is on record. A free account shows it, with the renewals for every Winnebago county Housing Authority contract.
Contract details
- Contract type
- Financial Services
- Amount
- $50,000 at 8.5% interest for 7 years
- Document date
- September 28, 2023
- Term
- 7 years
- Renews
- Free account
- Vendor
- Rockford Rides LLC
- Source document
- winnebago-county-housing-authority-agenda-2023-09-28_f77.pdf (Agenda)
Rockford Rides LLC's other public contracts
More Winnebago county Housing Authority contracts
Questions about this contract
Who was awarded the financial services contract by Winnebago county Housing Authority?
Rockford Rides LLC was awarded this financial services contract by Winnebago county Housing Authority, as recorded on September 28, 2023. The contract value is $50,000 at 8.5% interest for 7 years.
How much is the Rockford Rides LLC contract with Winnebago county Housing Authority worth?
The Rockford Rides LLC contract with Winnebago county Housing Authority is valued at $50,000 at 8.5% interest for 7 years, 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 winnebago-county-housing-authority-agenda-2023-09-28_f77.pdf (Agenda), dated September 28, 2023 from Winnebago county Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rockford Rides LLC hold?
Rockford Rides LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Winnebago county Housing Authority currently buying?
Explore Winnebago county Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.