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FINANCIAL_SERVICESAPPROVED

City of Johnston Awards Financial Services Contract to Iowa Public Agency Investment Trust - Bond Proceeds (May 2025)

The City of Johnston approved Iowa Public Agency Investment Trust - Bond Proceeds as a dedicated investment depository for bond proceeds up to $20 million. The program, administered by PMA Financial Network, will help manage bond-funded capital projects.

Document date · May 19, 2025

Issuing agencyCity of JohnstonVendorIowa Public Agency Investment Trust - Bond Proceeds

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $20,000,000 on deposit
Contract type
FINANCIAL_SERVICES
Contract term
Effective May 19, 2025; resolution remains in effect until changed by Council
Renewal
New bond proceeds investment depository designation under Resolution 25-139; remains in effect until replaced or amended.
Document type
Resolution
Source document
City of Johnston Resolution Naming Depositories for Funds of the City of Johnston, Iowa 2025-05-19

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City of Johnston Resolution Resolution No. 26-160 Naming Depositories for Funds 2026-09-08
APPROVED
City of Johnston, IowaNot to exceed $20,000,000Sep 8, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Iowa Public Agency Investment Trust - Bond Proceeds was awarded this financial services contract by City of Johnston, as recorded on May 19, 2025. The contract value is Not to exceed $20,000,000 on deposit.

How much is the Iowa Public Agency Investment Trust - Bond Proceeds contract with City of Johnston worth?

The Iowa Public Agency Investment Trust - Bond Proceeds contract with City of Johnston is valued at Not to exceed $20,000,000 on deposit, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Johnston Resolution Naming Depositories for Funds of the City of Johnston, Iowa 2025-05-19 (Resolution), dated May 19, 2025 from City of Johnston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Iowa Public Agency Investment Trust - Bond Proceeds hold?

Iowa Public Agency Investment Trust - Bond Proceeds may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Iowa Public Agency Investment Trust - Bond Proceeds's profile

What is City of Johnston currently buying?

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