CONTRACTPENDING

Park District Plans Bond Refinancing with First Midstate

Document date: Mar 2, 2021
Renews: Mar 2027; Free account

What it covers

Peotone Park District discussed engaging First Midstate, Inc. to refinance two existing bonds, rolling approximately $30,000 in fees into the new issuance. The planned refinancing would shorten bond terms to 2028 and 2029 and is projected to save taxpayers about $80,000 over the life of the bonds.

Who holds it

First Midstate Inc holds this financial services contract with Peotone Park District. Its other public contracts on record include work for Dwight Twp HSD 230 and Central CUSD 3.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Peotone Park District contract.

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Contract details

Contract type: Financial Services
Document date: March 2, 2021
Term: refinancing targeted for September 2021; new bonds to be paid in full by 2028 and 2029
Renews: Free account
Vendor: First Midstate Inc
Agency: Peotone Park District
Source document: Peotone Park District Regular Board Meeting Minutes March 2021 (Minutes)

First Midstate Inc's other public contracts

Dwight Twp HSD 230, IllinoisDistrict to Select First Midstate as Bond Underwriter · Dec 10, 2025Undisclosed Central CUSD 3, IllinoisDistrict Selects First Midstate as Bond Underwriter · Nov 17, 2025Undisclosed Canton Union SD 66, IllinoisDistrict Considers Bond Underwriter First Midstate Inc. · Dec 19, 2022Undisclosed Miller Twp CCSD 210, IllinoisDistrict Selects First Midstate As Bond Underwriter · Sep 21, 2022Undisclosed Kewanee Park District, IllinoisPark District Retains Bond Underwriter First Midstate Inc · Sep 15, 2022Undisclosed All First Midstate Inc contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Peotone Park District?

First Midstate Inc was awarded this financial services contract by Peotone Park District, as recorded on March 2, 2021.

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 Peotone Park District Regular Board Meeting Minutes March 2021 (Minutes), dated March 2, 2021 from Peotone Park District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Midstate Inc hold?

First Midstate Inc 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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Explore Peotone Park District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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