City of Laurens Awards Financial Services Contract to Iowa Finance Authority (April 2026)

The City of Laurens approved entering into a Loan and Disbursement Agreement with the Iowa Finance Authority for not to exceed $220,000 in Sewer Revenue Capital Loan Notes to fund sewer utility improvements along multiple streets. The resolution authorizes participation in the SRF Loan Program and directs staff and bond counsel to finalize documents and schedule final note issuance.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $220,000

Contract type

FINANCIAL_SERVICES

Renewal

Single Sewer Revenue Capital Loan Note issuance under the SRF Loan Program; reimbursement of advanced sewer fund moneys must occur within 18 months of initial capital expenditure payment or of the property being placed in service. No explicit renewal or extension options are described.

Document type

Resolution

Source document

City of Laurens Resolution Sewer 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 Sewer 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.

View Iowa Finance Authority's profile

What is City of Laurens currently buying?

Explore City of Laurens's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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