Luana City Council Minutes from October 1st Meeting

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Luana City Council Minutes of October 1, 2026

The Luana City Council held their regular monthly meeting Thursday, October 1, 2026, at 7:00 pm. with Council Members Lonnie Baade, Kevin Boddicker, Todd Olson and Jackie Radloff-Schneider present. Absent: Craig Radloff.

Mayor Luke Steege called meeting to order at 7:00 pm.

Minutes of September meeting were reviewed and approved upon motion by Radloff-Schneider, second by Boddicker carried unanimously.

Boddicker motioned to pay all monthly claims totaling $31,924.08, Olson second, carried unanimously. Receipts for the month totaled $31,352.08 Baade motioned to pass Res. 10-2026 T.O.F, Boddicker second, carried unanimously. Council reviewed reconciled reports.

The City Council took up and considered the extension of the maturity date of its outstanding Sewer Revenue Loan and Disbursement Agreement Anticipation Project Note. After due consideration and discussion, Council Member Olson introduced the Resolution 10.2-2026 next hereinafter set out and moved its adoption. The motion was seconded by Council Member Radloff-Schneider, and passed with record vote as follows: Ayes: Lonnie Baade, Kevin Boddicker, Todd Olson and Jackie Radloff-Schneider. Nays: None. Thereupon, the Resolution 10.2-2026 was declared adopted. WHEREAS, the City Council of the City of Luana, Iowa (the “City”), has previously authorized the issuance of its Sewer Revenue Loan and Disbursement Agreement Anticipation Project Note in a principal amount not to exceed $514,000 (the “Project Note”) to the Iowa Finance Authority, as lender (the “Lender”), for the purpose of paying the cost, to that extent, of planning and designing improvements and extensions to the Municipal Sanitary Sewer System of the City; and WHEREAS, the City intended to refund the Project Note by its scheduled maturity date on October 20, 2026, through the issuance of bonds or notes, but refunding proceeds will not yet be available to the City; and WHEREAS, the Lender has agreed to extend the maturity date of the Project Note to October 20, 2029, on the terms hereinafter set out; NOW, THEREFORE, Be It Resolved by the City Council of the City of Luana, Iowa, as follows: Section 1.The maturity date of the Project Note is hereby extended to October 20, 2029, and the Project Note shall continue to bear interest at the rate of 0% per annum from the date hereof to its maturity. Section 2. The City Council hereby reserves the right to prepay principal of the Project Note in whole or in part at any time prior to the maturity thereof with accrued interest to the date of such payment. Section 3. The Mayor and City Clerk are hereby authorized and directed to enter into whatever legal documents are required by the Lender to effectuate the provisions of this resolution. Section 4. All resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed, to the extent of such conflict.

Baade motioned to amend IFA Interim Loan and Disbursement Agreement dated October 20, 2023. The City has requested, and the Lender has agreed, to extend the Maturity Date set forth in the Original Agreement; and the City Council has approved the extension of the Maturity Date by resolution on October 1, 2026; Notwithstanding anything to the contrary therein, the Maturity Date of the Original Agreement shall be October 20, 2029, Boddicker second, carried unanimously.

Council reviewed zero lot line documents for duplex at 307 Main Street. Baade motioned to accept zero lot line at 307 Main Street. Radloff-Schneider second, carried unanimously.

Olson motioned to approve FY2026 Annual Urban Renewal Report, Res. 10.3-2026, Radloff-Schneider second, carried unanimously.

Council reviewed FY26 Annual Financial Report.

Boddicker motioned to move regular monthly meetings to the Luana Firehouse, Radloff-Schneider second, carried unanimously.

Next regular council meeting will be held November 5, 2026, at 7:00 pm.

Mayor Steege adjourned the meeting at 7:40 pm.

Tammy Humble, City Administrator

Monthly Expenditures $31,924.08: Alliant Energy $2,376.08; Black Hills Energy $181.46; Bruening Rock $238.04 (Road material); Card Services $9.63 (Intuit); EMC Insurance $1,661.00; Federal Taxes $1,412.70; IPERS $1,136.92; John Deere Financial $337.22 (Fire dept. supplies); Kwik Trip $25.37 (Fuel); Lonnie Baade $206.79 (Fire dept. reimbursement); LSB $8.00

(Money order for land purchase); MB Construction $770.00 (Manhole repair); Meyers Auto $338.90 (Firetruck repairs); Microbac $19.50 (Water testing); MSA $6,330.00 (Lagoon project); Murphy Helwig Library $1,175.00 (Contract); NAPA $162.74 (Truck repairs); Nathan Moonen Law $4,523.16 (Attorney fees); NEIT $122.79; Post Office $66.12 (Certified letters); RACOM $620.48 (Fire dept. equipment); River City Paving $306.84 (Road material); Times Register $93.30 (Publications);

Upper Exploreland $1,095.54 (Lagoon project); State Withholding $63.24; Wages $5,828.76; Waste Management $2,477.54;

W.E.T. Tax $336.96. Fire Department Expenditures $1,543.54; General Fund Expenditures $16,901.35; Propriety $11,976.20; Road Use Tax Expenditures$1,502.99; TIF Expenditures $0.

Monthly Revenue $31,352.08: Interest $1,191.53; Local Option $4,432.56; Property Taxes $3,491.70; RUT $1,738.91; Utilities $20,497.38.