Oakland City Council Meeting Minutes March 2026
City Pays Off Sewer Interim Loan to AVAILA BANK
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Description
The Oakland City Council authorized a $2,865,847.66 payment to AVAILA BANK to pay off the city's sewer interim loan. This significant expenditure was processed through the March claims register.
Contract Details
Contract Amount
$2,865,847.66
Vendor
AVAILA BANK
Agency
City of Oakland, IA
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
Contract Term
Loan payoff as of February 2026
Renewal Info
Loan was paid off; no renewal or extension applies.
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