Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) Awards Financial Services Contract to Colburn School (July 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $135,000,000

Contract type

FINANCIAL_SERVICES

Contract term

Bonds expected to mature August 1, 2066; closing expected August 17, 2026

Renewal date

2066-08-01

Renewal

One-time conduit revenue bond issuance expected to mature on August 1, 2066; no renewal provisions described. Board approval of the transaction expires if the financing does not close within 180 days of July 22, 2026 unless extended.

Document type

Resolution

Source document

California Infrastructure and Economic Development Bank Resolution Resolution No. 26-09 2026-07-22

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California Infrastructure and Economic Development Bank Resolution Authorizing Issuance and Sale of Revenue Bonds for The Colburn School 2026-07-22

APPROVED

Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), CaliforniaNot to exceed $135,000,000Jul 22, 2026

California Infrastructure and Economic Development Bank Agenda Board Meeting 2026-07-22

PENDING

Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), CaliforniaNot to exceed $135,000,000Jul 22, 2026

California Infrastructure and Economic Development Bank Staff Report Conduit 501(c)(3) Revenue Bond Financing 2026-07-07

san-luis-coastal-unified-agenda-2024-08-20_5e9.pdf

San Luis Coastal Unified, California$490.00Aug 20, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank)?

Colburn School was awarded this financial services contract by Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), as recorded on July 22, 2026. The contract value is Not to exceed $135,000,000.

How much is the Colburn School contract with Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) worth?

The Colburn School contract with Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) is valued at Not to exceed $135,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in California Infrastructure and Economic Development Bank Resolution Resolution No. 26-09 2026-07-22 (Resolution), dated July 22, 2026 from Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colburn School hold?

Colburn School may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) currently buying?

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