Resolution authorizing and approving a Loan and Disbursement Agreement and providing for the…
Recorded in the minutes as “Resolution authorizing and approving a Loan and Disbursement Agreement and providing for the issuance and securing the payment of $6,050,000 Water Revenue Bonds, Series 2026C.…”. Passed 4–0; Yes: Duer, Evans, McFadden, Stewart. Amount in the record: $6,050,000.
What this means (Bonds and notes): Borrowing.
How each member voted
| Official | Vote |
|---|---|
| Scott Duer | Yes |
| Josh Dunwoody | Not in the record |
| Jerry Evans | Yes |
| Jayme McFadden | Yes |
| Julie Stewart | Yes |
More from the record
Recorded in the minutes as: “11. Resolution authorizing and approving a Loan and Disbursement Agreement and providing for the issuance and securing the payment of $6,050,000 Water Revenue Bonds, Series 2026C. Finance Director Andy Lent stated this resolution authorizes the city to proceed with the State Revolving Loan for the … Motion: Moved by McFadden”. The minutes add: “onstruction of the Raw Water Main for water from Well #5 to the Water Treatment Plant #4. The Iowa Finance Authority will consider the city’s loan application at its next board meeting. Closing date for the loan will be June 5, 2026.”
Motion as recorded: “Moved by McFadden”.
Source Full minutes for the whole May 18, 2026 meeting, p. 2 (saved copy) · All votes at this meeting