FINANCIAL_SERVICESAPPROVED

Santa Ynez Community Services District Awards Financial Services Contract to King Capital Advisors (March 2026)

The Board authorized the Treasurer to reinvest money market funds into four Certificates of Deposit of about $245,000 each, following recommendations from investment advisor King Capital Advisors. This action aims to improve investment returns while maintaining appropriate liquidity and FDIC coverage.

Status
APPROVED
Document date
March 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
King Capital Advisors
Agency
Santa Ynez Community Services District · CA

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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
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
Approximately $245,000 per CD (four CDs)
Contract type
FINANCIAL_SERVICES
Renewal
One-time authorization to place four CDs at terms and rates recommended by King Capital Advisors; future reinvestments would require additional Board direction or existing policies.
Document type
Minutes
Source document
Santa Ynez Community Services District Board Meeting Minutes March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Santa Ynez Community Services District?

King Capital Advisors was awarded this financial services contract by Santa Ynez Community Services District, as recorded on March 18, 2026. The contract value is Approximately $245,000 per CD (four CDs).

How much is the King Capital Advisors contract with Santa Ynez Community Services District worth?

The King Capital Advisors contract with Santa Ynez Community Services District is valued at Approximately $245,000 per CD (four CDs), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Santa Ynez Community Services District Board Meeting Minutes March 2026 (Minutes), dated March 18, 2026 from Santa Ynez Community Services District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does King Capital Advisors hold?

King Capital Advisors 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 King Capital Advisors's profile

What is Santa Ynez Community Services District currently buying?

Explore Santa Ynez Community Services District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Santa Ynez Community Services District's profile

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