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Waterloo council accepts bids for $5.315 million and $685,000 general obligation bonds
Summary
The Waterloo City Council approved resolutions accepting proposals to purchase two general obligation bond issues — $5,315,000 (Series 2025 C) and $685,000 taxable (Series 2025 D) — and authorized execution of related note purchase agreements after a staff presentation on bids and ratings.
The Waterloo City Council voted to accept proposals to purchase $5,315,000 of general obligation bonds (Series 2025 C) and $685,000 of taxable general obligation bonds (Series 2025 D) and to approve the form and execution of related note purchase agreements.
Spear Financial presented the bids to the council. ‘‘We are recommending the low interest rate as required by the state of Iowa to Raymond James and…
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