Nebraska Investment Finance Authority Awards $481,000 Financial Services Contract to First State Bank Nebraska – Plattsmouth Nebraska (August 2026)

NIFA issued an Agricultural Development Direct Loan Revenue Bond for Clint and Delayne Spurgin in the amount of $481,000, purchased by First State Bank Nebraska – Plattsmouth. The bond finances acquisition of 117 acres of farm real estate and runs from July 30, 2026 to final maturity on April 5, 2056.

Document date · August 28, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$481,000

Contract type

FINANCIAL_SERVICES

Contract term

July 30, 2026 – April 5, 2056

Renewal date

2056-04-05

Renewal

Interest rate adjusts every five years based on Wall Street Journal U.S. Prime Rate with a floor of 4% and cap of the lesser of 16% or legal maximum; payments reamortized upon rate changes until maturity on 2056-04-05.

Document type

AgendaPacket

Source document

Nebraska Investment Finance Authority Board of Directors Meeting Agenda Packet 2026-08-28

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Nebraska Investment Finance Authority Board of Directors Meeting Agenda Packet 2026-06-12

PENDING

Nebraska Investment Finance Authority, Nebraska$481,000Jun 12, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Nebraska Investment Finance Authority?

First State Bank Nebraska – Plattsmouth Nebraska was awarded this financial services contract by Nebraska Investment Finance Authority, as recorded on August 28, 2026. The contract value is $481,000.

How much is the First State Bank Nebraska – Plattsmouth Nebraska contract with Nebraska Investment Finance Authority worth?

The First State Bank Nebraska – Plattsmouth Nebraska contract with Nebraska Investment Finance Authority is valued at $481,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Nebraska Investment Finance Authority Board of Directors Meeting Agenda Packet 2026-08-28 (AgendaPacket), dated August 28, 2026 from Nebraska Investment Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First State Bank Nebraska – Plattsmouth Nebraska hold?

First State Bank Nebraska – Plattsmouth Nebraska 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 First State Bank Nebraska – Plattsmouth Nebraska's profile

What is Nebraska Investment Finance Authority currently buying?

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

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