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Council authorizes interim loan agreement with Iowa Finance Authority for water notes
Summary
Laurens approved Resolution 22-26 on April 28, 2026, authorizing an interim loan and disbursement agreement with the Iowa Finance Authority for Water Revenue Capital Loan Notes Anticipation Project Note, Series 2026, not to exceed $220,000.
The Laurens City Council authorized an interim loan and disbursement agreement with the Iowa Finance Authority to permit issuance of Water Revenue Capital Loan Notes Anticipation Project Note, Series 2026, not to exceed $220,000.
Council member Aaron Christenson moved to approve Resolution 22-26, which authorizes the form of agreement and provides for a method of payment of the note; Loren Booth seconded. The roll call vote recorded ayes from Martz, Christenson, Booth and Zylstra; Woodley was absent. The motion carried.
