City Approves Participation in IPAIT Joint Investment Trust
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Description
The City Council authorized participation in the Iowa Public Agency Investment Trust (IPAIT) for joint investment purposes, and designated IPAIT as an official depository for up to $4 million in City funds.
Contract Details
Contract Amount
Not more than $4,000,000.00
Vendor
IOWA PUBLIC AGENCY INVESTMENT TRUST
Agency
City of University Heights, IA
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Renewal Info
Participation and depository status continue until City Council takes further action.
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