City of Rock Rapids Regular City Council Meeting Agenda March 23 2026
BOKF N.A. Appointed as Paying Agent for 2026 Notes
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Description
The City Council of Rock Rapids approved an agreement with BOKF, N.A. of Lincoln, Nebraska, to act as Paying Agent, Note Registrar, and Transfer Agent for the City's $2,500,000 General Obligation Capital Loan Notes, Series 2026. Services include maintaining bondholder records, processing payments, and transfer functions, effective April 8, 2026.
Contract Details
Vendor
BOKF N.A.
Agency
City of Rock Rapids, IA
Contract Type
FINANCIAL_SERVICES
Document Date
March 23, 2026
Contract Term
Dated April 8, 2026; termination by either party with 90 days advance written notice
Renewal Date
2035-06-01
Renewal Info
Agreement may be terminated by either party with 90 days' written notice. Compensation is detailed in attached schedule; changes require mutual agreement.
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