FINANCIAL_SERVICESAPPROVED

Muscatine Municipal Housing Agency Awards $225,000 Financial Services Contract to Cbi Bank & Trust (July 2026)

The Muscatine County Board of Supervisors approved a $225,000 General Obligation County Purpose Note with CBI Bank & Trust at 3.75% interest to fund a satellite building for the County Engineer’s Office. The loan will be repaid over five annual installments from 2027 through 2031 via a dedicated property tax levy.

Status
APPROVED
Document date
July 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Cbi Bank & Trust
Agency
Muscatine Municipal Housing Agency · IA

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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

Scope & details

The full contract record, as filed.

Contract amount
$225,000
Contract type
FINANCIAL_SERVICES
Contract term
Loan dated July 27, 2026; principal payable annually June 1, 2027–June 1, 2031 at 3.75% interest
Renewal date
2031-06-01
Renewal
Fixed-term general obligation note with semiannual interest and annual principal payments through June 1, 2031; no renewal, but the County reserves the right to prepay principal at par plus accrued interest.
Document type
AgendaPacket
Source document
City of Muscatine City Council Agenda Packet 2026-07-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Muscatine Municipal Housing Agency?

Cbi Bank & Trust was awarded this financial services contract by Muscatine Municipal Housing Agency, as recorded on July 19, 2026. The contract value is $225,000.

How much is the Cbi Bank & Trust contract with Muscatine Municipal Housing Agency worth?

The Cbi Bank & Trust contract with Muscatine Municipal Housing Agency is valued at $225,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Muscatine City Council Agenda Packet 2026-07-21 (AgendaPacket), dated July 19, 2026 from Muscatine Municipal Housing Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cbi Bank & Trust hold?

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

View Cbi Bank & Trust's profile

What is Muscatine Municipal Housing Agency currently buying?

Explore Muscatine Municipal Housing Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Muscatine Municipal Housing Agency's profile

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