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Princeton Approves Withdrawal Agreement with IPBC

Town of Princeton logoTown of Princeton
Document date
Nov 2, 2026
Renews
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The 30-second brief

What it covers

Princeton City Council approved Resolution R-26-028 to withdraw from the Intergovernmental Personnel Benefit Cooperative effective December 31, 2026. The accompanying Resigning Member Agreement outlines continued premium payments, run-off claims handling, and related administrative fees during and after termination.

Who holds it

Intergovernmental Personnel Benefit Cooperative holds this insurance contract with Town of Princeton. Its other public contracts on record include work for City of Pekin city and Dekalb Park District.

What happens next

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Contract details

Contract type
Insurance
Document date
November 2, 2026
Term
Through December 31, 2026 (withdrawal date)
Renews
On record
Vendor
Intergovernmental Personnel Benefit Cooperative
Agency
Town of Princeton
Source document
Princeton City Council Agenda Packet November 2, 2026 (AgendaPacket)

Intergovernmental Personnel Benefit Cooperative's other public contracts

City of Pekin city, IllinoisPekin Pays Benefit Cooperative September Premiums · Nov 7, 2026$389KDekalb Park District, IllinoisPark District Considers Intergovernmental Benefits Cooperative Membership · Oct 15, 2026UndisclosedDekalb Park District, IllinoisPark District Recommends IPBC Health Insurance Membership · Oct 15, 2026UndisclosedCity of McHenry, IllinoisMcHenry Approves IPBC Employee Insurance Payments · Sep 21, 2026$257.4KGlencoe Park And Recreation District, IllinoisMembership Approved in Benefit Cooperative · Sep 14, 2026UndisclosedAll Intergovernmental Personnel Benefit Cooperative contractsVendor profile

More Town of Princeton contracts

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Questions about this contract

Who was awarded the insurance contract by Town of Princeton?

Intergovernmental Personnel Benefit Cooperative was awarded this insurance contract by Town of Princeton, as recorded on November 2, 2026.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Princeton City Council Agenda Packet November 2, 2026 (AgendaPacket), dated November 2, 2026 from Town of Princeton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Intergovernmental Personnel Benefit Cooperative hold?

Intergovernmental Personnel Benefit Cooperative 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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