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Novato Sanitary District Board Agenda Packet May 14 2026

2020 wastewater refunding bonds with California Bank and Trust

Novato Sanitary DistrictCALIFORNIA BANK & TRUSTMay 14, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The District’s 2020 Wastewater Revenue Refunding Bonds remain outstanding with California Bank and Trust as the private placement lender. These bonds refinanced prior CalPERS pension obligations at a lower 2.87% interest rate.

Contract Details

Vendor

CALIFORNIA BANK & TRUST

Agency

Novato Sanitary District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 14, 2026

Renewal Info

Debt service on the 2020 bonds continues per the established amortization schedule; no new refinancing or modification is noted for FY 2026-28.

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