FINANCIAL_SERVICESAPPROVED
City of Ottumwa Agenda Regular Meeting No. 20 2026-06-02
Bank Collateral Assignment Approved for Development Agreement
City of OttumwaNICOLET NATIONAL BANKJune 2, 2026
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Description
The city approved Nicolet National Bank's role in the collateral assignment related to a development agreement with AV Ottumwa, LLC. This secures the lender’s interests in the development project.
Contract Details
Vendor
NICOLET NATIONAL BANK
Agency
City of Ottumwa, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
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