Laurens Advances $220,000 Water Loan With IFA

The City of Laurens Council adopted a resolution to institute proceedings for a Loan and Disbursement Agreement with the Iowa Finance Authority for not to exceed $220,000 in Water Revenue Capital Loan Notes to fund water main replacement and related municipal water utility improvements. Final authorization and execution of the agreement and note issuance will occur at a later council meeting under the DWSRF Loan Program terms.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $220,000

Contract type

FINANCIAL_SERVICES

Renewal

This is a new Loan and Disbursement Agreement for Water Revenue Capital Loan Notes under the DWSRF Loan Program; renewal or extension terms are not specified in the resolution.

Document type

Resolution

Source document

City of Laurens Resolution Instituting Proceedings for Water Revenue Capital Loan Notes 2026-04-28

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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 Laurens?

Iowa Finance Authority was awarded this financial services contract by City of Laurens, as recorded on April 28, 2026. The contract value is Not to exceed $220,000.

How much is the Iowa Finance Authority contract with City of Laurens worth?

The Iowa Finance Authority contract with City of Laurens is valued at Not to exceed $220,000, 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 Laurens Resolution Instituting Proceedings for Water Revenue Capital Loan Notes 2026-04-28 (Resolution), dated April 28, 2026 from City of Laurens. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Iowa Finance Authority hold?

Iowa Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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