city-of-peosta-contract-2021-06-22_7d1.pdf
$25,000 Loan to Kalman Real Estate Approved
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Description
The City of Peosta provides Kalman Real estate a $25,000 Economic development forgivable loan towards construction of Coffee shop. The Promissory note bears an interest rate of 3.00% per annum calculated from the date of the Promissory Note and the Loan will mature on December 1, 2026.
Contract Details
Contract Amount
$25,000
Vendor
KALBMAN REAL ESTATE
Agency
City of Peosta, IA
Contract Type
Loan
Document Date
June 22, 2021
Contract Term
5 years
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