FINANCIAL_SERVICESONGOING

IBank Loan Supports District Capital Projects

LGVSD continues to make payments on its $12 million IBank loan for capital improvements, with annual service fees and regular principal payments through 2043.

Status
ONGOING
Document date
May 16, 2024
Contract type
FINANCIAL_SERVICES
Vendor
California Infrastructure & Economic Development Bank
Agency
Las Gallinas Valley Sanitary Dist · CA

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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
$10,252,581 principal as of July 1, 2024; $30,758 annual service fee for 2024-2025
Contract type
FINANCIAL_SERVICES
Contract term
May 2019–August 1, 2043
Renewal date
2043-08-01
Renewal
No renewal; regular amortization through August 2043.
Document type
Budget
Source document
Las Gallinas Valley Sanitary District Preliminary Budget 2024-2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Las Gallinas Valley Sanitary Dist?

California Infrastructure & Economic Development Bank was awarded this financial services contract by Las Gallinas Valley Sanitary Dist, as recorded on May 16, 2024. The contract value is $10,252,581 principal as of July 1, 2024; $30,758 annual service fee for 2024-2025.

How much is the California Infrastructure & Economic Development Bank contract with Las Gallinas Valley Sanitary Dist worth?

The California Infrastructure & Economic Development Bank contract with Las Gallinas Valley Sanitary Dist is valued at $10,252,581 principal as of July 1, 2024; $30,758 annual service fee for 2024-2025, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Las Gallinas Valley Sanitary District Preliminary Budget 2024-2025 (Budget), dated May 16, 2024 from Las Gallinas Valley Sanitary Dist. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does California Infrastructure & Economic Development Bank hold?

California Infrastructure & Economic Development Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View California Infrastructure & Economic Development Bank's profile

What is Las Gallinas Valley Sanitary Dist currently buying?

Explore Las Gallinas Valley Sanitary Dist's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Las Gallinas Valley Sanitary Dist's profile

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