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Waukee approves $7 million water revenue loan agreement with Iowa Finance Authority
City of Waukee City Council · November 19, 2025
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Summary
Council authorized a $7,000,000 water revenue capital loan note agreement to finance water infrastructure, with staff noting a previously authorized 'not to exceed' $9 million and an interest rate of about 3.01% over 20 years.
The City Council approved a loan and disbursement agreement with the Iowa Finance Authority to issue up to $7,000,000 in water revenue capital loan notes (series 2025). Finance staff…
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