Peoples Bank Lester to Purchase $255K Hog Facility Bond
Trusted by teams at
Description
The Iowa Finance Authority approved Resolution AG 25-059B authorizing Peoples Bank in Lester to purchase a $255,000 Agricultural Development Revenue Bond for acquisition of land and a hog confinement facility in Lyon County. Repayment will flow through a financing agreement assigned to the bank.
Contract Details
Contract Amount
$255,000
Vendor
PEOPLES BANK
Agency
Iowa Finance Authority, IA
Contract Type
FINANCIAL_SERVICES
Document Date
October 1, 2025
Contract Term
Not specified (Agricultural Development Revenue Bond standard terms apply)
Renewal Info
Single bond issuance; principal amount and terms may be adjusted before closing but no ongoing renewal or extension options are described.
More from PEOPLES BANK
More from Iowa Finance Authority
iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.pdf
iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.pdf
iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.pdf
iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.pdf
iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.pdf
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.