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Norwalk approves water revenue bonds to fund Central Iowa Water Works buy-in and water tower project
Norwalk City Council · December 5, 2025
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Summary
Council approved two resolutions to authorize water revenue bonds: Series 2025A for approximately $5.97 million to cover Central Iowa Water Works member buy-in costs and Series 2025B for approximately $4.925 million toward a water tower project (project cost just over $6 million). Closings are scheduled for Dec. 19.
Norwalk City Council voted to authorize two sets of water revenue bonds on Dec. 4. The first resolution approves issuance and security for approximately $5,970,000 in Series 2025A bonds to cover the city’s Central Iowa…
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