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Clive Council approves $2025B GEO urban renewal bonds to fund Ellis Road project at 3.3971%
Clive City Council · October 23, 2025
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Summary
Council adopted a resolution to issue general-obligation urban-renewal bonds (Series 2025B) to finance the Ellis Road Street Project; PFM reported competitive bids and a winning bid from TD Financial Products at 3.3971%, and the resolution passed 4–0.
Liz (city staff) confirmed public notice for the city’s bond sale had been published in the Des Moines Register on Oct. 13, 2025, and introduced Suzanne from PFM to report results from the sale.
"I come bearing good news," Suzanne said, summarizing the sale of Series 2025B general-obligation urban-renewal bonds to finance the…
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