PACE delinquency purchase agreement with FNA California

The Board will approve Purchase and Sale Agreement No. 26-1003473 with FNA California, LLC to give the firm first right of refusal and to advance funds for PACE assessment delinquencies from tax years 2019-2020 through 2025-2026. The Executive Director is authorized to finalize the agreement terms, including the final amount and list of delinquent properties, with counsel approval.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

2019-2020 through 2025-2026 tax years

Renewal date

2026-06-30

Document type

Agenda

Source document

San Bernardino County Transportation Authority Agenda 2026-07-01

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San Bernardino County Transportation Authority Agenda Packet 2026-06-10

DISCUSSED

San Bernardino County Transportation Authority, CaliforniaPurchase of delinquent assessment receivables; fee equal to 7.5% of delinquent assessments (about $15,835.70 at current levels)Jun 10, 2026

San Bernardino County Transportation Authority Agenda Packet 2026-06-10

PENDING

San Bernardino County Transportation Authority, CaliforniaPurchase Price equal to delinquent PACE assessments principal plus 7.5% premium (approximate fee $15,835.70 based on current delinquencies)Jun 10, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by San Bernardino County Transportation Authority?

Fna California Llc was awarded this financial services contract by San Bernardino County Transportation Authority, as recorded on July 1, 2026.

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 San Bernardino County Transportation Authority Agenda 2026-07-01 (Agenda), dated July 1, 2026 from San Bernardino County Transportation Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fna California Llc hold?

Fna California Llc 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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