California Enterprise Development Authority Awards Financial Services Contract to Japanese American National Museum (May 2025)
California Enterprise Development AuthorityPublic Authority · Sacramento, CA- Disclosed value
- Not to exceed $12,000,000 (estimated par amount $11,000,000; total payments $15,061,171.55)
- From agenda
- Approved
- May 22, 2025
The 30-second brief
The California Enterprise Development Authority approved Resolution 25-10 authorizing a conduit loan of up to $12 million for the Japanese American National Museum to finance and refinance renovations and improvements to its Los Angeles museum facilities. The loan will fund construction, equipment, working capital, capitalized interest, and issuance costs, with repayment made solely from museum revenues.
Japanese American National Museum holds this financial services contract with California Enterprise Development Authority. Its other public contracts on record include work for Towers Elementary and Torrance Unified.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $12,000,000 (estimated par amount $11,000,000; total payments $15,061,171.55)
- Document date
- May 22, 2025
- Source document
- California Enterprise Development Authority Regular Meeting Agenda May 2025 (Agenda)
Japanese American National Museum's other public contracts
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Questions about this contract
Who was awarded the financial services contract by California Enterprise Development Authority?
Japanese American National Museum was awarded this financial services contract by California Enterprise Development Authority, as recorded on May 22, 2025. The contract value is Not to exceed $12,000,000 (estimated par amount $11,000,000; total payments $15,061,171.55).
How much is the Japanese American National Museum contract with California Enterprise Development Authority worth?
The Japanese American National Museum contract with California Enterprise Development Authority is valued at Not to exceed $12,000,000 (estimated par amount $11,000,000; total payments $15,061,171.55), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in California Enterprise Development Authority Regular Meeting Agenda May 2025 (Agenda), dated May 22, 2025 from California Enterprise Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Japanese American National Museum hold?
Japanese American National Museum 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 California Enterprise Development Authority currently buying?
Explore California Enterprise Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.