Nebraska Investment Finance Authority Board of Directors Meeting April 2026

Contract Amount

Not to exceed $20,300,000 (all or a portion of the Chambers Court Bonds)

Vendor

CEDAR RAPIDS BANK AND TRUST COMPANY

Agency

Nebraska Investment Finance Authority, NE

Contract Type

FINANCIAL_SERVICES

Document Date

April 10, 2026

Contract Term

Purchase of Bonds from Initial Bond Purchaser upon completion of rehabilitation and construction and satisfaction of conditions; bonds mature not later than 40 years from issuance or April 1, 2056, depending on series

Renewal Date

2056-04-01

Renewal Info

Forward purchase arrangement following completion and conversion of the Chambers Court project; no explicit renewal or extension terms are described beyond bond maturities.