2020 wastewater refunding bonds with California Bank and Trust
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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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