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City Allocates $440,000 CDBG To Section 108 Debt

City of Pasadena logoCity of Pasadena
Disclosed value
$440,000
From agendapacket
Document date
Jun 2, 2026
Renews
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The 30-second brief

What it covers

Pasadena will apply $440,000 of its 2026 CDBG allocation toward HUD Section 108 loan repayment for the Robinson Recreation Center. The payment continues long-term debt service commitments through 2035.

Who holds it

Finance Department holds this financial services contract with City of Pasadena. Its other public contracts on record include work for Putnam County and City of Riverside.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Pasadena contract.

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Contract details

Contract type
Financial Services
Amount
$440,000
Document date
June 2, 2026
Term
Annual Section 108 repayment in PY2026; overall loan term through 6/30/2035
Renews
Free account
Vendor
Finance Department
Agency
City of Pasadena
Source document
City of Pasadena Housing, Homelessness and Planning Committee Agenda Packet 2026-06-03 (AgendaPacket)

Finance Department's other public contracts

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Questions about this contract

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

Finance Department was awarded this financial services contract by City of Pasadena, as recorded on June 2, 2026. The contract value is $440,000.

How much is the Finance Department contract with City of Pasadena worth?

The Finance Department contract with City of Pasadena is valued at $440,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Pasadena Housing, Homelessness and Planning Committee Agenda Packet 2026-06-03 (AgendaPacket), dated June 2, 2026 from City of Pasadena. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Finance Department hold?

Finance Department 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 Pasadena currently buying?

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

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