Coralville Fixes West Bank Debt Rates Through Amendments

Coralville approved amendments with West Bank to convert multiple adjustable-rate certificates and notes to fixed rates effective November 1, 2026. The amendments also establish 2% prepayment fees and extend Series 2018K maturity to June 1, 2031.

Document date · October 13, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Effective November 1, 2026; Series 2018K maturity extended from June 1, 2029 to June 1, 2031

Renewal date

2031-06-01

Renewal

Debt amendments effective November 1, 2026, or another mutually agreed date. Series 2018K maturity extends to June 1, 2031; other maturity dates were not stated.

Document type

AgendaPacket

Source document

City of Coralville AgendaPacket October 13, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Coralville?

West Bank was awarded this financial services contract by City of Coralville, as recorded on October 13, 2026.

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 Coralville AgendaPacket October 13, 2026 (AgendaPacket), dated October 13, 2026 from City of Coralville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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