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Altoona › Jul 6, 2026 meeting › Vote 4

Resolution authorizing and approving a Loan and Disbursement Agreement and providing for the…

Altoona City Council · Jul 6, 2026 · Budget

Recorded in the minutes as “Resolution authorizing and approving a Loan and Disbursement Agreement and providing for the issuance and securing the payment of $46,600,000.00 Water Revenue Bonds, Series…”. Passed 5–0; Yes: Duer, Evans, McFadden, Dunwoody, Stewart. Amount in the record: $46,600,000.

What this means (Bonds and notes): Borrowing.

How each member voted

OfficialVote
Scott DuerYes
Josh DunwoodyYes
Jerry EvansYes
Jayme McFaddenYes
Julie StewartYes

More from the record

Recorded in the minutes as: “6. Resolution authorizing and approving a Loan and Disbursement Agreement and providing for the issuance and securing the payment of $46,600,000.00 Water Revenue Bonds, Series 2026D. City Administrator Randy Pierce stated this resolution authorizes the city to proceed with the State Revolving Loan … Motion: Moved by McFadden”. The minutes add: “or the construction of Water Treatment Plant #4. The Iowa Finance Authority will consider the city’s loan application at its next board meeting and the closing date for this loan will be July 24, 2026.”

Motion as recorded: “Moved by McFadden”.

From the vote line in the official minutes, which names each member’s vote. Members not named in the vote line are shown as Not in the record unless the minutes list them absent. Vote as recorded in the minutes' roll-call marks: “AYES: Duer, Evans, McFadden, Dunwoody, Stewart. NAYS: None. Motion carried 5-0.”.

Source Full minutes for the whole Jul 6, 2026 meeting, p. 1 (saved copy) · All votes at this meeting

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