City of Sergeant Bluff Council Meeting Agenda May 12, 2026
City Continues Monthly Energy Loan Repayment
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Description
Sergeant Bluff made a $4,343.68 ACH payment to the IOWA ECONOMIC DEVELOPMENT AUTHORITY for its ongoing energy loan, covering $3,248.35 in principal and $1,095.33 in interest. The financing supports prior energy efficiency or infrastructure investments.
Contract Details
Contract Amount
$4,343.68/month (principal $3,248.35, interest $1,095.33)
Vendor
IOWA ECONOMIC DEVELOPMENT AUTHORITY
Agency
City of Sergeant Bluff, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Ongoing energy loan repayment; May 12, 2026 ACH
Renewal Info
Loan repayment continues monthly until the debt is fully amortized; no renewal anticipated after payoff.
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