Trustees Discuss Payoff Plan For INTERCAP Loan

The Board reviewed the INTERCAP loan balance and discussed a shared payoff plan in which the Foundation would contribute $300,000 and Trustees would cover the remaining amount. This indicates an ongoing financing relationship with INTERCAP for prior borrowing.

Document date · June 17, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Existing loan remains in place until fully paid; no specific renewal or amendment terms were discussed.

Document type

Minutes

Source document

North Lake County Public Library District Board of Trustees Minutes 2025-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by North Lake County Public Library District?

INTERCAP was awarded this financial services contract by North Lake County Public Library District, as recorded on June 17, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in North Lake County Public Library District Board of Trustees Minutes 2025-06-17 (Minutes), dated June 17, 2025 from North Lake County Public Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does INTERCAP hold?

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

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