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FINANCIAL_SERVICESAPPROVED

Iowa Finance Authority Board of Directors Meeting Agenda May 2026

American Bank NA to finance $250,000 beginning farmer project

$250,000Iowa Arts CouncilAMERICAN BANK NAMay 6, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Iowa Finance Authority approved Resolution AG 26-031B authorizing a $250,000 Agricultural Development Revenue Bond to be purchased by American Bank, N.A. to fund land, residence, and cattle facilities in Lyon County for beginning farmer Trevor A. Van Veldhuizen. The transaction will be governed by a financing agreement securing repayment from project revenues.

Contract Details

Contract Amount

$250,000

Vendor

AMERICAN BANK NA

Agency

Iowa Arts Council, IA

Contract Type

FINANCIAL_SERVICES

Document Date

May 6, 2026

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