Board Approves $20M Grant Anticipation Notes With US Bank
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Description
The Board approved borrowing $20 million from US Bank through grant anticipation notes to provide interim financing for the Ventura-Santa Barbara Counties Intertie project until state grant funds are received. The action includes authorization for issuance and sale of the notes under Resolution 2026-14.
Contract Details
Contract Amount
$20M
Vendor
US BANK
Agency
Casitas Municipal Water District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
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