City of Cascade AgendaPacket City Council Meeting 2026-05-26
Economic Development Corp Renews Fidelity CD Investment
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Description
The Cascade Economic Development Corporation approved renewing a $204,338.08 certificate of deposit with Fidelity for 18 months at 3.96%, maturing October 1, 2027. This action continues the organization’s investment strategy for reserve funds.
Contract Details
Contract Amount
$204,338.08
Vendor
FIDELITY
Agency
City of Cascade, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
18 months at 3.96%, matures on 10/01/2027
Renewal Date
2027-10-01
Renewal Info
CD renewed for 18 months at 3.96% interest, maturing 2027-10-01.
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