City of Waverly Agenda 2026-06-15
$715K Water Revenue Loan from Iowa Finance Authority Approved
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Description
The City of Waverly approved a $715,000 interim loan and disbursement agreement with Iowa Finance Authority to support water system improvements.
Contract Details
Contract Amount
$715,000
Vendor
IOWA FINANCE AUTHORITY
Agency
City of Waverly, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 15, 2026
Contract Term
Interim loan agreement, term to be determined by project note
Renewal Info
Interim financing tied to water project; likely to be repaid or converted upon project completion/financing cycle.
More from IOWA FINANCE AUTHORITY
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