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FINANCIAL_SERVICESPENDING

San Bernardino County Transportation Authority Board of Directors Metro Valley Study Session Agenda Packet April 2026

Term Loan Agreement Proposed for I-10 Cedar Avenue Interchange

Not-to-exceed $13,995,381 plus $2,750 loan fee and $19,887,619 depositSan Bernardino County Transportation AuthoritySAN BERNARDINO COUNTYApril 16, 2026

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Description

SBCTA’s Metro Valley Study Session recommends approval of Term Loan Agreement 26-1003454 with San Bernardino County, providing up to $13,995,381 in financing for the I-10/Cedar Avenue Interchange Project. The County will pay a $2,750 loan fee and deposit $19,887,619 before drawing on the loan, leveraging both County and Measure I program funds.

Contract Details

Contract Amount

Not-to-exceed $13,995,381 plus $2,750 loan fee and $19,887,619 deposit

Vendor

SAN BERNARDINO COUNTY

Agency

San Bernardino County Transportation Authority, CA

Contract Type

FINANCIAL_SERVICES

Document Date

April 16, 2026

Renewal Info

One-time term loan arrangement for a specific project; any extensions or refinancing would require subsequent action.

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