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Water Revenue Loan for CIWW Contribution

City of Grimes
Disclosed value
$5,000,000
From agenda
Document date
Oct 14, 2025

The 30-second brief

What it covers

Resolution to enter into a Water Revenue Loan and Disbursement Agreement to borrow money, principal amount not exceeding $5,000,000, for capital contribution to Central Iowa Water Works (CIWW).

Who holds it

Central Iowa Water holds this loan and disbursement agreement contract with City of Grimes. Its other public contracts on record include work for City of Polk and City of Dougherty.

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Contract details

Contract type
Loan And Disbursement Agreement
Amount
$5,000,000
Document date
October 14, 2025
Term
NA
Vendor
Central Iowa Water
Agency
City of Grimes
Source document
city_council_communication_water_revenue_loan.pdf (Agenda)

Central Iowa Water's other public contracts

City of Polk, IowaPolk City considers expanding water capacity · Aug 25, 2025UndisclosedCity of Dougherty, IowaWater Utility Supplies Payment Approved · May 19, 2025$394.8Polk village, Nebraskapolk-village-agenda-2025-05-12_de7.pdf · May 12, 2025$1.7MCity of Goldfield, IowaCentral Iowa Water service payment approved · Mar 10, 2025$224City of Polk, Iowacity-of-polk-agenda-2025-01-13_467.pdf · Jan 13, 2025UndisclosedAll Central Iowa Water contractsVendor profile

More City of Grimes contracts

Summit Fire Protection CoGrimes Approves Annual Fire Protection Inspection · Oct 13, 2026UndisclosedFoth Infrastructure & Environment LLCGrimes to Pay Foth for Sponsored Pond Project · Oct 13, 2026$33.9KISGGrimes Approves NW 27th Trail Design Payment · Oct 13, 2026$800Sbs Services Group LLCGrimes Approves SBS Janitorial Services Claims · Oct 13, 2026UndisclosedHr Green IncGrimes Awards HR Green West Gap Services · Oct 13, 2026UndisclosedAll City of Grimes activityAgency profile

Questions about this contract

Who was awarded the loan and disbursement agreement contract by City of Grimes?

Central Iowa Water was awarded this loan and disbursement agreement contract by City of Grimes, as recorded on October 14, 2025. The contract value is $5,000,000.

How much is the Central Iowa Water contract with City of Grimes worth?

The Central Iowa Water contract with City of Grimes is valued at $5,000,000, covering loan and disbursement agreement work.

What type of contract is this?

This is a Loan And Disbursement Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_council_communication_water_revenue_loan.pdf (Agenda), dated October 14, 2025 from City of Grimes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Central Iowa Water hold?

Central Iowa Water 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 City of Grimes currently buying?

Explore City of Grimes's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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