Mountains Recreation and Conservation Authority Assignment Agreement 2026-06-01
Lease payment rights assigned to Webster Public Finance
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Description
Mountains Recreation and Conservation Authority executed an Assignment Agreement on June 1, 2026 assigning all rights to receive lease payments and related enforcement and proceeds rights under its Site Lease and Lease to Webster Public Finance Corporation. The agreement structures the transaction as an absolute sale of the Authority’s lease payment interests to the lender, with transfer restrictions limiting future assignments to qualified institutional buyers.
Contract Details
Vendor
WEBSTER PUBLIC FINANCE CORPORATION
Agency
Conejo Recreation And Park District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 1, 2026
Contract Term
Dated as of June 1, 2026; term tied to Lease Agreement and Lease Payments schedule
Renewal Info
Agreement is an absolute and unconditional assignment of the Authority’s rights under the Site Lease and Lease, intended to remain in effect for the life of the Lease or until all Lease Payments and related obligations are satisfied; no renewal or extension options are described.
More from WEBSTER PUBLIC FINANCE CORPORATION
Related Contracts
Conejo Recreation & Park District StaffReport Resolution No. 060426-E Authorizing Site Lease and Lease Agreement 2026-06-04
PENDINGConejo Recreation and Park District Agenda Regular Meeting 2026-06-04
PENDINGConejo Recreation and Park District Resolution Authorizing Lease-Leaseback Financing for Fireworks Hill 2026-06-04
APPROVEDConejo Recreation and Park District Site Lease 2026-06-01
APPROVEDMountains Recreation and Conservation Authority Lease Agreement 2026-06-01
APPROVEDIssuing Agency
Conejo Recreation And Park District
Special District
Thousand Oaks, CA
More from Conejo Recreation And Park District
Conejo Recreation and Park District Resolution Approving Engineer's Report and Assessments for Landscape Maintenance District No. 92-1 2026-06-04
Conejo Recreation and Park District Resolution Approving Engineer's Report and Ordering Continuation of Assessments for Fiscal Year 2026-27 2026-06-04
Conejo Recreation & Park District Investment Report 2026-06-04
Conejo Recreation & Park District Investment Report 2026-06-04
Conejo Recreation & Park District Investment Report 2026-06-04
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