Fibred Properties Limited Partnership and Fibre Formulations (collectively “Fi-bred”) appeal the district court’s 1 adverse grant of summary judgment. This action arises out of Fibred’s negotiation, construction, and ultimately unsuccessful *575 operation of a fibre extraction plant in Iowa Falls, Iowa. In particular, Fibred brings forth claims for negligent misrepresentation, fraudulent concealment, and fraudulent misrepresentation against Fox Engineering Associates, Inc. (“Fox”), the consulting firm retained by the city throughout the project’s negotiation process. Fibred also alleges that Iowa Falls intentionally or negligently misrepresented its waste treatment abilities and contractual intentions in order to induce it to commit to construction of the fibre extraction plant and that, in turn, it justifiably relied on these misrepresentations to its detriment.

We review de novo the district court’s grant of summary judgment, and apply the same standards employed by the district court. In doing so, this court must view the evidence in the light most favorable to the nonmoving party to determine whether there are any genuine issues of material fact, and if there are no such issues, we must determine whether the moving party is entitled to judgment as a matter of law. Carroll v. Pfeffer, 262 F.3d 847, 849 (8th Cir. 2001). After careful review of the record before us, we reject Fibred’s arguments that the district court’s grant of summary judgment was in error. With respect to Fibred’s claims against Fox, we agree with the district court’s analysis and conclusion that those claims are barred by the applicable five-year statute of limitations. See Iowa Code § 614.1(4); see also McCracken v. Edward D. Jones & Co., 445 N.W.2d 375, 383 (Iowa Ct.App. 1989) (statute of limitations for negligent misrepresentation is five years). Additionally, we also agree with the well-reasoned decision of the district court regarding Fibred’s claims against Iowa Falls. To the extent that Fibred argues that they justifiably relied on representations made by city personnel, prior to any council action, this argument must fail. City of McGregor v. Janett, 546 N.W.2d 616, 620 (Iowa 1996).

Accordingly, we affirm. See 8th Cir. R. 47B.