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 $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
| Official | Vote |
|---|---|
| Scott Duer | Yes |
| Josh Dunwoody | Yes |
| Jerry Evans | Yes |
| Jayme McFadden | Yes |
| Julie Stewart | Yes |
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”.
Source Full minutes for the whole Jul 6, 2026 meeting, p. 1 (saved copy) · All votes at this meeting