CONTRACTAPPROVED

City of Lakeport Awards Financial Services Contract to County of Lake (December 2024)

City of Lakeport logoCity of Lakeport
Disclosed value
$100,000 annually or 1% TOT (whichever is greater), plus initial ARPA ($1,000,000), general funds ($1,000,000), PLHA ($847,981, pending)
From agenda
Approved
Dec 17, 2024

The 30-second brief

What it covers

Lakeport City Council approved an MOU with the County of Lake and City of Clearlake to form the Lake County Regional Housing Trust Fund. The County of Lake will provide annual contributions and other funds totaling over $2 million.

Who holds it

County of Lake holds this financial services contract with City of Lakeport. Its other public contracts on record include work for South Lake Couny Fire Protection District and Hidden Valley Lake Community Services District.

What happens next

Term as filed: Annual; effective 12/17/2024, contributions within 60 days then yearly.

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Contract details

Contract type
Financial Services
Amount
$100,000 annually or 1% TOT (whichever is greater), plus initial ARPA ($1,000,000), general funds ($1,000,000), PLHA ($847,981, pending)
Document date
December 17, 2024
Term
Annual; effective 12/17/2024, contributions within 60 days then yearly
Source document
city-of-lakeport-regular-meeting-agenda-december-17-2024_fa3.pdf (Agenda)

County of Lake's other public contracts

More City of Lakeport contracts

Questions about this contract

Who was awarded the financial services contract by City of Lakeport?

County of Lake was awarded this financial services contract by City of Lakeport, as recorded on December 17, 2024. The contract value is $100,000 annually or 1% TOT (whichever is greater), plus initial ARPA ($1,000,000), general funds ($1,000,000), PLHA ($847,981, pending).

How much is the County of Lake contract with City of Lakeport worth?

The County of Lake contract with City of Lakeport is valued at $100,000 annually or 1% TOT (whichever is greater), plus initial ARPA ($1,000,000), general funds ($1,000,000), PLHA ($847,981, pending), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-lakeport-regular-meeting-agenda-december-17-2024_fa3.pdf (Agenda), dated December 17, 2024 from City of Lakeport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does County of Lake hold?

County of Lake 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 City of Lakeport currently buying?

Explore City of Lakeport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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