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FINANCIAL_SERVICESAPPROVED

Iowa Finance Authority AgendaPacket 2026-06-03

Availa Bank to Purchase $470K Agricultural Revenue Bond

$470,000Iowa Arts CouncilAVAILA BANKJune 3, 2026

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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

Description

The Iowa Finance Authority authorized issuance and sale of a $470,000 Agricultural Development Revenue Bond to Availa Bank to finance agricultural land acquisition for David L. and Lacey A. Melody. Availa Bank will purchase the bond and extend the loan for approximately 91.34 acres in Calhoun County.

Contract Details

Contract Amount

$470,000

Vendor

AVAILA BANK

Agency

Iowa Arts Council, IA

Contract Type

FINANCIAL_SERVICES

Document Date

June 3, 2026

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