City of Mason Awards Financial Services Contract to Farmers State Bank (September 2026)

The Mason City Council will act on a resolution approving and executing a Subordination Agreement with Farmers State Bank for the rehabilitation of 518 North Federal Avenue. The agreement aligns the bank’s mortgage interest with the City’s Downtown Revitalization Loan to support property improvements. The action is recommended by the City Administrator on the consent agenda.

Document date · September 1, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Subordination Agreement will remain in effect for the duration of the related mortgage and Downtown Revitalization Loan; specific end date not stated.

Document type

Agenda

Source document

Mason City City Council Agenda 2026-09-01

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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 Mason?

Farmers State Bank was awarded this financial services contract by City of Mason, as recorded on September 1, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Mason City City Council Agenda 2026-09-01 (Agenda), dated September 1, 2026 from City of Mason. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmers State Bank hold?

Farmers State Bank 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 Farmers State Bank's profile

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