Iowa Finance Authority Board of Directors Meeting Agenda May 2026
Marion County Bank to purchase $299,470 ag development bond
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Description
The Iowa Finance Authority approved Resolution AG 26-030B for a $299,470 Agricultural Development Revenue Bond to be purchased by Marion County Bank to finance 56 acres of farmland in Marion County for beginning farmers Jacob Stanley and Emma Marie Beyer. The bond will be repaid under a financing agreement between the Authority, the bank, and the borrowers.
Contract Details
Contract Amount
$299,470
Vendor
MARION COUNTY BANK
Agency
Iowa Arts Council, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 6, 2026
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