CONTRACTONGOING

Connection Bank Mortgage Continues on Career Center

Southeast Iowa Regional Economic And Port Authority

Disclosed value: $1,001,534; From agenda
Document date: Nov 5, 2025

What it covers

SIREPA continues to carry a $1,001,534 Purchase Money Loan with Connection Bank to finance the acquisition of the Career Advantage Center building in Montrose, Iowa. The loan is secured by the property and is central to the updated equity and put option calculations negotiated with LCEDG.

Who holds it

Connection Bank holds this financial services contract with Southeast Iowa Regional Economic And Port Authority. Its other public contracts on record include work for City of Montrose and Des Moines County.

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Contract details

Contract type: Financial Services
Amount: $1,001,534
Document date: November 5, 2025
Vendor: Connection Bank
Agency: Southeast Iowa Regional Economic And Port Authority
Source document: SIREPA Board of Directors Meeting Agenda November 5 2025 (Agenda)

Connection Bank's other public contracts

City of Montrose, IowaMontrose Approves Investment CDs Through Connection Bank · Sep 9, 2026Undisclosed Des Moines County, IowaConnection Bank proposed as new county depository · May 26, 2026$10M City of Keokuk, IowaConnection Bank Approved as Keokuk Depository · Jan 5, 2026 Southeast Iowa Regional Economic And Port Authority, IowaConnection Bank Extends Interest-Only Building Loan · Dec 11, 2025Undisclosed Southeast Iowa Regional Economic And Port Authority, IowaSIREPA Renews Building Mortgage with Connection Bank · Aug 19, 2025Undisclosed All Connection Bank contractsVendor profile

More Southeast Iowa Regional Economic And Port Authority contracts

SEIRPCBoard Considers $6,475 SEIRPC Admin Invoice · Dec 11, 2025$6.5K SEIRPCSEIRPC Seeks 2026 Admin Rate Increase · Dec 11, 2025 SEIRPC2019 Strategic Plan Completed Under SEIRPC Contract · Dec 11, 2025 SEIRPCSEIRPC Proposes $7,500 Strategic Plan Update · Dec 11, 2025$7.5K Mid-america Port Commission2015 Plan Completed With Mid-America Port Commission · Dec 11, 2025Undisclosed All Southeast Iowa Regional Economic And Port Authority activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Southeast Iowa Regional Economic And Port Authority?

Connection Bank was awarded this financial services contract by Southeast Iowa Regional Economic And Port Authority, as recorded on November 5, 2025. The contract value is $1,001,534.

How much is the Connection Bank contract with Southeast Iowa Regional Economic And Port Authority worth?

The Connection Bank contract with Southeast Iowa Regional Economic And Port Authority is valued at $1,001,534, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in SIREPA Board of Directors Meeting Agenda November 5 2025 (Agenda), dated November 5, 2025 from Southeast Iowa Regional Economic And Port Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Connection Bank hold?

Connection Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Southeast Iowa Regional Economic And Port Authority currently buying?

Explore Southeast Iowa Regional Economic And Port Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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