Iowa Finance Authority AgendaPacket 2026-06-03
Peoples Bank Approved for $250K Beginning Farmer Loan Bond
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Description
The Iowa Finance Authority approved Resolution AG 26-045B to issue and sell a $250,000 Agricultural Development Revenue Bond to Peoples Bank for Justin Kooistra’s acquisition of 11.65 acres with a dwelling and cattle feedlot in Lyon County. Peoples Bank will purchase the bond and provide the beginning farmer financing.
Contract Details
Contract Amount
$250,000
Vendor
PEOPLES BANK
Agency
Iowa Arts Council, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 3, 2026
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