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Grinnell to Authorize $4.5M Loan for Water Utility

Grinnell Low Rent Housing Authority
Disclosed value
$4,500,000
From agenda
Document date
Sep 2, 2025

The 30-second brief

What it covers

The City of Grinnell is set to authorize a Loan and Disbursement Agreement for up to $4,500,000 in General Obligation Capital Loan Notes. These funds will cover the costs of acquiring, constructing, reconstructing, improving, repairing, and equipping the water utility, including the water tower project.

Who holds it

City of Grinnell holds this loan and disbursement agreement contract with Grinnell Low Rent Housing Authority. Its other public contracts on record include work for Poweshiek County.

See who signed off on this $4.5M contract.

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Contract details

Contract type
Loan And Disbursement Agreement
Amount
$4,500,000
Document date
September 2, 2025
Term
NA
Vendor
City of Grinnell
Agency
Grinnell Low Rent Housing Authority
Source document
city-of-grinnell-agenda-september-2-2025_109.pdf (Agenda)

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Questions about this contract

Who was awarded the loan and disbursement agreement contract by Grinnell Low Rent Housing Authority?

City of Grinnell was awarded this loan and disbursement agreement contract by Grinnell Low Rent Housing Authority, as recorded on September 2, 2025. The contract value is $4,500,000.

How much is the City of Grinnell contract with Grinnell Low Rent Housing Authority worth?

The City of Grinnell contract with Grinnell Low Rent Housing Authority is valued at $4,500,000, covering loan and disbursement agreement work.

What type of contract is this?

This is a Loan And Disbursement Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-grinnell-agenda-september-2-2025_109.pdf (Agenda), dated September 2, 2025 from Grinnell Low Rent Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does City of Grinnell hold?

City of Grinnell may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Grinnell Low Rent Housing Authority currently buying?

Explore Grinnell Low Rent Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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