FINANCIAL_SERVICESAPPROVED

City of Markesan Awards Financial Services Contract to Horicon Bank (July 2026)

The City Council approved a $900,000 line of credit with Horicon Bank at a 3.99% fixed rate on a 12‑month note, with an option for a 6‑ to 12‑month extension. The loan, payable in quarterly installments, will provide short-term financing for city needs.

Status
APPROVED
Document date
July 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Horicon Bank
Agency
City of Markesan · WI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$900,000 line of credit at 3.99% fixed rate
Contract type
FINANCIAL_SERVICES
Contract term
12‑month note with possible 6–12 month extension; payable quarterly
Renewal
12‑month note includes an option to extend the line of credit for an additional 6–12 months, with quarterly payments required.
Document type
Agenda
Source document
City of Markesan Common Council Agenda 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Markesan?

Horicon Bank was awarded this financial services contract by City of Markesan, as recorded on July 14, 2026. The contract value is $900,000 line of credit at 3.99% fixed rate.

How much is the Horicon Bank contract with City of Markesan worth?

The Horicon Bank contract with City of Markesan is valued at $900,000 line of credit at 3.99% fixed rate, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Markesan Common Council Agenda 2026-07-14 (Agenda), dated July 14, 2026 from City of Markesan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Horicon Bank hold?

Horicon Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Horicon Bank's profile

What is City of Markesan currently buying?

Explore City of Markesan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Markesan's profile

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