City of Waterloo Regular Session Agenda 2026-06-01
Farmers State Bank Added to BKKS Development Agreement
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Description
Waterloo will include Farmers State Bank in a Second Amendment and Collateral Assignment of a Development Agreement with BKKS Holdings LLC. The amendment formalizes collateral and financing-related rights associated with the development project.
Contract Details
Vendor
FARMERS STATE BANK
Agency
City of Waterloo, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 31, 2026
Renewal Info
Collateral assignment associated with an existing development agreement; does not by itself extend the underlying development term.
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