Metro Communications Funds Utility Repair Escrow Account
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Description
The Village of Shabbona is entering into an escrow agreement with Metro Communications Co., under which Metro will deposit $100,000 to secure repairs and replacement of utility infrastructure at the S. Illini and W. Cherokee intersection. The escrow will be held for at least two years starting May 1, 2026, with disbursements to the Village for repair costs and required prepayments to approved contractors.
Contract Details
Contract Amount
$100,000.00
Vendor
METRO COMMUNICATIONS CO
Agency
Town of Shabbona, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 16, 2026
Contract Term
Escrow held for not less than 2 years beginning on May 1, 2026
Renewal Date
2028-05-01
Renewal Info
Escrow to be maintained for a minimum of two years from May 1, 2026; no automatic renewal terms specified.
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Village of Shabbona Board Meeting Agenda April 16 2026
Village of Shabbona Board Meeting Agenda April 16 2026
Village of Shabbona Board Meeting Agenda April 16 2026
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