City of North Liberty Awards Financial Services Contract to Ohnward Bank & Trust (December 2025)
City of North LibertyCity · North Liberty, IA- Approved
- Dec 19, 2025
The 30-second brief
North Liberty approved a Mortgage Subordination Agreement with Ohnward Bank & Trust, placing the bank’s mortgage in priority over the City’s liens on the UCD redevelopment property. The agreement supports additional construction financing for the project and remains effective until the bank loan is repaid or its mortgage is released.
Ohnward Bank & Trust holds this financial services contract with City of North Liberty. Its other public contracts on record include work for Jones County and Monticello Community School District.
Term as filed: Until repayment of the loans secured by Lender’s Mortgage or release of Lender’s Mortgage on the Property, whichever occurs first.
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Contract details
- Contract type
- Financial Services
- Document date
- December 19, 2025
- Term
- Until repayment of the loans secured by Lender’s Mortgage or release of Lender’s Mortgage on the Property, whichever occurs first
- Vendor
- Ohnward Bank & Trust
- Agency
- City of North Liberty
- Source document
- City of North Liberty Resolution 2025-145 Subordination Agreement Approval (Resolution)
Ohnward Bank & Trust's other public contracts
More City of North Liberty contracts
Questions about this contract
Who was awarded the financial services contract by City of North Liberty?
Ohnward Bank & Trust was awarded this financial services contract by City of North Liberty, as recorded on December 19, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in City of North Liberty Resolution 2025-145 Subordination Agreement Approval (Resolution), dated December 19, 2025 from City of North Liberty. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Ohnward Bank & Trust hold?
Ohnward 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.
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What is City of North Liberty currently buying?
Explore City of North Liberty's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.