City of Waterloo Regular Session Agenda 2026-06-01
City Updates Development Agreement Involving Farmers State Bank
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Description
The City of Waterloo plans to approve a Second Amendment and Collateral Assignment of a Development Agreement involving Farmers State Bank and BKKS Holdings, LLC. The amendment refines financial and collateral arrangements for the development project.
Contract Details
Vendor
FARMERS STATE BANK
Agency
Waterloo Housing Authority, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 1, 2026
Renewal Info
Second amendment and collateral assignment to an existing Development Agreement; banking party remains engaged under revised terms.
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