PROJECTCONTRACT AWARD

Convention center purchase financing

City of Effingham city
Detected
Nov 4, 2026
Sector
Capital Projects
Est. value
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From the meeting

On November 4, 2026 the city approved an installment purchase agreement to acquire the former Thelma Keller Convention Center. 1 million in Debt Certificates, Series 2026, with Bernardi Securities, Inc. A.

as paying agent/registrar. Effingham Hotel, LLC was identified as the work contract counterparty for the $4 million purchase and sale agreement. This is a decided acquisition, but it still signals follow-on financing, closing, and any transition or renovation work tied to the property.

Meeting date
November 4, 2026
Agency
City of Effingham city

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