City of Cascade AgendaPacket City Council Meeting 2026-05-26
Council Approves Sewer Plant SRF Bond Payment
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Description
Cascade City Council plans to approve a debt service payment to the Iowa Finance Authority for the Sewer Plant SRF bond, totaling $415,000 in principal, $48,667.50 in interest, and $6,952.50 in service fees. This payment supports long-term financing of the city’s wastewater treatment facilities.
Contract Details
Contract Amount
Principal Payment $415,000, Interest Payment $48,667.50, Service Fees $6,952.50
Vendor
IOWA FINANCE AUTHORITY
Agency
City of Cascade, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
SRF Bond (Sewer Plant); payment schedule includes these amounts during FY26
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