FINANCIAL_SERVICESAPPROVED

City of Peosta Awards Financial Services Contract to Iowa Finance Authority (September 2026)

The City of Peosta entered into a $1.016 million loan and disbursement agreement with the Iowa Finance Authority to finance construction and eligible reimbursement costs for wastewater treatment facilities. The loan carries 2.85% annual interest plus a 0.25% servicing fee and will be repaid through sewer system net revenues until fully paid.

Document date · September 26, 2026

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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
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
$1,016,000 principal loan; $5,080 initiation fee; 0.25% annual servicing fee
Contract type
FINANCIAL_SERVICES
Contract term
Until the loan is paid in full; first principal repayment due no later than one year after substantial completion of the Project, with principal, interest, and servicing fee payments continuing thereafter
Renewal
No renewal or extension provision is stated. The loan may be terminated by the Issuer if Project construction has not commenced within one year after execution.
Document type
Agreement
Source document
City of Peosta Agreement Loan and Disbursement Agreement 2026-10-16

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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 Peosta?

Iowa Finance Authority was awarded this financial services contract by City of Peosta, as recorded on September 26, 2026. The contract value is $1,016,000 principal loan; $5,080 initiation fee; 0.25% annual servicing fee.

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

The Iowa Finance Authority contract with City of Peosta is valued at $1,016,000 principal loan; $5,080 initiation fee; 0.25% annual servicing fee, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Peosta Agreement Loan and Disbursement Agreement 2026-10-16 (Agreement), dated September 26, 2026 from City of Peosta. 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 Peosta currently buying?

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

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