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FINANCIAL_SERVICESAPPROVED

Casitas Municipal Water District AgendaPacket Board of Directors Meeting 2026-06-24

Board Approves $20M Grant Anticipation Notes With US Bank

$20MCasitas Municipal Water DistrictUS BANKJune 23, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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