CONTRACTAPPROVED

Iowa Finance Authority Awards $1,356,000 Financial Services Contract to ANKENY (July 2025)

Iowa Finance Authority logoIowa Finance Authority
Disclosed value
$1,356,000
From agenda
Approved
Jul 2, 2025
Term
20 years

The 30-second brief

What it covers

The Iowa Finance Authority will provide a $1,356,000, 20‑year SRF construction loan to Ankeny for drinking water transmission improvements, secured by utility revenues. The tax-exempt loan will carry a discounted interest rate and a 0.25% annual servicing fee.

Who holds it

ANKENY holds this financial services contract with Iowa Finance Authority. Its other public contracts on record include work for Polk County Conservation Board and Des Moines Area MPO.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Financial Services
Amount
$1,356,000
Document date
July 2, 2025
Term
20 years
Vendor
ANKENY
Source document
iowa-finance-authority-board-meeting-agenda-july-2-2025_475.pdf (Agenda)

ANKENY's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Iowa Finance Authority?

ANKENY was awarded this financial services contract by Iowa Finance Authority, as recorded on July 2, 2025. The contract value is $1,356,000.

How much is the ANKENY contract with Iowa Finance Authority worth?

The ANKENY contract with Iowa Finance Authority is valued at $1,356,000, covering financial services work.

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 iowa-finance-authority-board-meeting-agenda-july-2-2025_475.pdf (Agenda), dated July 2, 2025 from Iowa Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does ANKENY hold?

ANKENY may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Iowa Finance Authority currently buying?

Explore Iowa Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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