FINANCIAL_SERVICESONGOING

City Allocates $440,000 CDBG To Section 108 Debt

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.

Status
ONGOING
Document date
June 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Finance Department
Agency
City of Pasadena · CA

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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

Scope & details

The full contract record, as filed.

Contract amount
$440,000
Contract type
FINANCIAL_SERVICES
Contract term
Annual Section 108 repayment in PY2026; overall loan term through 6/30/2035
Renewal date
2035-06-30
Renewal
Recurring annual Section 108 loan repayments are scheduled through approximately June 30, 2035, funded from CDBG and other eligible sources.
Document type
AgendaPacket
Source document
City of Pasadena Housing, Homelessness and Planning Committee Agenda Packet 2026-06-03

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

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