Iowa Finance Authority Board Meeting Agenda February 2026
IFA Authorizes $281K Bond for Bloomer Land Purchase
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Description
IFA Board authorized $281,500 in agricultural development bonds through Hills Bank & Trust Company for Jakob Joseph Bloomer to acquire 120 acres of farmland in Louisa County. The bond was approved at the February 2026 meeting.
Contract Details
Contract Amount
$281,500
Vendor
HILLS BANK & TRUST COMPANY
Agency
Iowa Arts Council, IA
Contract Type
FINANCIAL_SERVICES
Document Date
February 4, 2026
Contract Term
Approved February 4, 2026; public hearing January 28, 2026; 10-year balloon with 20-year amortization (see LPP notes)
Renewal Date
2036-02-04
Renewal Info
No renewal, standard amortization and payment as per financial documents.
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