Lake Zurich Advances IEPA Water Infrastructure Financing
Lake Zurich villageCity · Lake Zurich, IL- Disclosed value
- Up to $42,000,000; current Oakwood Pump Station bond ordinance: not to exceed $22,404,718
- From minutes
- Document date
- Aug 3, 2026
The 30-second brief
Lake Zurich advanced financing for its Lake Michigan water transition through Illinois Environmental Protection Agency loans and related revenue bonds. The Oakwood Pump Station financing was authorized at up to $22.404 million, with a 1.62% interest rate and $945,906 annual debt service.
Illinois Environmental Protection Agency (Iepa) holds this financial services contract with Lake Zurich village. Its other public contracts on record include work for City of Peoria and City of Calumet City.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $42,000,000; current Oakwood Pump Station bond ordinance: not to exceed $22,404,718
- Document date
- August 3, 2026
- Agency
- Lake Zurich village
- Source document
- Village of Lake Zurich Minutes Regular Meeting August 3, 2026 (Minutes)
Illinois Environmental Protection Agency (Iepa)'s other public contracts
More Lake Zurich village contracts
Questions about this contract
Who was awarded the financial services contract by Lake Zurich village?
Illinois Environmental Protection Agency (Iepa) was awarded this financial services contract by Lake Zurich village, as recorded on August 3, 2026. The contract value is Up to $42,000,000; current Oakwood Pump Station bond ordinance: not to exceed $22,404,718.
How much is the Illinois Environmental Protection Agency (Iepa) contract with Lake Zurich village worth?
The Illinois Environmental Protection Agency (Iepa) contract with Lake Zurich village is valued at Up to $42,000,000; current Oakwood Pump Station bond ordinance: not to exceed $22,404,718, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Village of Lake Zurich Minutes Regular Meeting August 3, 2026 (Minutes), dated August 3, 2026 from Lake Zurich village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Illinois Environmental Protection Agency (Iepa) hold?
Illinois Environmental Protection Agency (Iepa) 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 Lake Zurich village currently buying?
Explore Lake Zurich village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.