CONTRACTRECOMMENDED

Kalona Recommended for $6.4 Million Wastewater Loan

Disclosed value: $6,435,000; From staffreport
Document date: Oct 7, 2026
Term: 30 years

What it covers

The Iowa Finance Authority staff recommended a $6,435,000 Clean Water State Revolving Fund loan to Kalona for Wastewater Treatment Facility Improvements. The 30-year loan would carry a 3.85% tax-exempt interest rate and revenue pledge.

Who holds it

KALONA holds this financial services contract with Iowa Finance Authority. Its other public contracts on record include work for Iowa Arts Council and City of Riverdale.

What happens next

Term as filed: 30 years.

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Contract details

Contract type: Financial Services
Amount: $6,435,000
Document date: October 7, 2026
Term: 30 years
Vendor: KALONA
Agency: Iowa Finance Authority
Source document: Iowa Finance Authority StaffReport Clean Water and Drinking Water State Revolving Fund Loans 2026-10-07 (StaffReport)

KALONA's other public contracts

Iowa Arts Council, IowaKalona Gets $400,000 SRF Planning Loan · Nov 6, 2024$400K City of Riverdale, IowaKalona Building Inspector agreement tabled · May 16, 2022Undisclosed City of Riverside, IowaKalona building inspector 28E agreement tabled · May 16, 2022Undisclosed City of Riverdale, IowaBuilding Inspector 28E Agreement with Kalona Tabled · May 16, 2022Undisclosed City of Riverdale, IowaBuilding Inspector agreement · May 2, 2022$22.1K All KALONA contractsVendor profile

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Questions about this contract

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

KALONA was awarded this financial services contract by Iowa Finance Authority, as recorded on October 7, 2026. The contract value is $6,435,000.

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

The KALONA contract with Iowa Finance Authority is valued at $6,435,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Iowa Finance Authority StaffReport Clean Water and Drinking Water State Revolving Fund Loans 2026-10-07 (StaffReport), dated October 7, 2026 from Iowa Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does KALONA hold?

KALONA 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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