City of Cascade AgendaPacket City Council Meeting 2026-05-26
Pool Bond Debt Service Payment to UMB Bank
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Description
Cascade City Council is set to approve a $144,200 debt service payment to UMB Bank for the 2019 Pool bond, including $125,000 in principal and $19,200 in interest due June 1, 2026. This payment continues amortization of the city’s swimming pool project financing.
Contract Details
Contract Amount
Principal Payment $125,000 and Interest Payment $19,200 (total $144,200)
Vendor
UMB BANK
Agency
City of Cascade, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Bond issue: 2019 Bond (Pool); Issue Payment Date 06/01/2026
Renewal Date
2026-06-01
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