City secures $260,000 loan for flood repairs
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Description
City of Boyden secures a short-term $260,000 loan from Citizen's State Bank to cover initial repair expenses at the West lift station after flooding. Reimbursement expected from insurance and FEMA.
Contract Details
Contract Amount
$260,000
Vendor
CITIZENS STATE BANK
Agency
City of Boyden, IA
Contract Type
Loan
Document Date
September 9, 2024
Contract Term
Short-term
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