CONTRACTPENDING

Flagstar Proposes $13.1 Million Revenue Bond Purchase

Santa Cruz Port District logoSanta Cruz Port District
Disclosed value
Up to $13,100,000
From proposal
Document date
Feb 20, 2026

The 30-second brief

What it covers

Santa Cruz Port District is considering a proposal from Flagstar Public Funding Corp. to purchase up to $13.1 million of Enterprise System Revenue Bonds, Series 2026, at a fixed 4.12% interest rate over a 10-year term with 20-year amortization. The financing would fund repairs and renovations to docks, wharves, and other port-related infrastructure, plus issuance costs.

Who holds it

Flagstar Public Funding Corp holds this financial services contract with Santa Cruz Port District. Its other public contracts on record include work for Victor Valley Wastewater Reclamation Authority and North Carolina Department of State Treasurer | State of North Carolina.

What happens next

Term as filed: 10-year term with 20-year amortization; closing on or before March 4, 2026; proposal must be accepted by 2/27/2026.

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Contract details

Contract type
Financial Services
Amount
Up to $13,100,000
Document date
February 20, 2026
Term
10-year term with 20-year amortization; closing on or before March 4, 2026; proposal must be accepted by 2/27/2026
Source document
Flagstar Public Funding Corp. Proposal Santa Cruz Port District Feb 2026 (Proposal)

Flagstar Public Funding Corp's other public contracts

More Santa Cruz Port District contracts

Questions about this contract

Who was awarded the financial services contract by Santa Cruz Port District?

Flagstar Public Funding Corp was awarded this financial services contract by Santa Cruz Port District, as recorded on February 20, 2026. The contract value is Up to $13,100,000.

How much is the Flagstar Public Funding Corp contract with Santa Cruz Port District worth?

The Flagstar Public Funding Corp contract with Santa Cruz Port District is valued at Up to $13,100,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Flagstar Public Funding Corp. Proposal Santa Cruz Port District Feb 2026 (Proposal), dated February 20, 2026 from Santa Cruz Port District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Flagstar Public Funding Corp hold?

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

What is Santa Cruz Port District currently buying?

Explore Santa Cruz Port District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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