Board Considers JCFA with BLC Tesoro for Tesoro Highlands

SCV Water’s May 12, 2026 special meeting includes consideration of a Joint Community Facilities Agreement with BLC Tesoro for the Tesoro Highlands development. Under the proposal, CFD bonds would finance about $19.5 million in Agency water facilities, with additional direct contributions of roughly $3.25 million from the developer, subject to future Board action.

Scope & details

The full contract record, as filed.

Contract amount

Approximately $19.5 million in SCVWA facilities; $3.25 million additional direct contributions; CFD bond proceeds estimated $16.1 million toward SCVWA facilities

Contract type

FINANCIAL_SERVICES

Renewal

This would be a new JCFA related to a previously considered but not approved 2021 proposal; no existing JCFA with BLC Tesoro is currently active.

Document type

AgendaPacket

Source document

SCV Water Agency Special Board Meeting Agenda Packet May 2026

Related contracts

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Santa Clarita Valley Water Agency Minutes Special Meeting 2026-05-12

APPROVED

Santa Clarita Valley Water Agency, CaliforniaMay 12, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Devils Den Water District?

Blc Tesoro was awarded this financial services contract by Devils Den Water District, as recorded on May 9, 2026. The contract value is Approximately $19.5 million in SCVWA facilities; $3.25 million additional direct contributions; CFD bond proceeds estimated $16.1 million toward SCVWA facilities.

How much is the Blc Tesoro contract with Devils Den Water District worth?

The Blc Tesoro contract with Devils Den Water District is valued at Approximately $19.5 million in SCVWA facilities; $3.25 million additional direct contributions; CFD bond proceeds estimated $16.1 million toward SCVWA facilities, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in SCV Water Agency Special Board Meeting Agenda Packet May 2026 (AgendaPacket), dated May 9, 2026 from Devils Den Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Blc Tesoro hold?

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

View Blc Tesoro's profile

What is Devils Den Water District currently buying?

Explore Devils Den Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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