City of Cascade AgendaPacket City Council Meeting 2026-05-26
Council Approves 2017 Hwy 136 Bond Payment to UMB Bank
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Description
The City of Cascade Council consent agenda includes approval of a $137,025 debt service payment to UMB Bank for the 2017 Hwy 136 North bond, covering $135,000 in principal and $2,025 in interest, due June 1, 2026. This action services existing bonded indebtedness for prior highway improvements.
Contract Details
Contract Amount
Principal Payment $135,000 and Interest Payment $2,025 (total $137,025)
Vendor
UMB BANK
Agency
City of Cascade, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Bond issue: 2017 Bond (Hwy 136 North); Issue Payment Date 06/01/2026
Renewal Date
2026-06-01
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