City of Culver City Agenda Regular Meeting of the City Council 2026-06-08
Barclays to Provide $48M Lease Revenue Bond Financing
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Description
Barclays was approved as direct purchaser for up to $48 million in lease revenue bonds to finance City projects, per Council and Finance Authority resolutions.
Contract Details
Contract Amount
Not to exceed $48,000,000 (aggregate principal amount of bonds)
Vendor
BARCLAYS
Agency
City of Culver, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 8, 2026
Renewal Info
No renewal or extension terms stated; agreement is tied to bond issuance.
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