Santa Ynez Community Services District Budget Initiate Process to Adopt Final FY 2026-2027 Budget 2026-05-20
District Continues Horizon Loan Payments for WWTP Improvements
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Description
Santa Ynez Community Services District continues annual debt service payments of $86,800 to Municipal Finance Corporation for wastewater facility improvements, with the Horizon Loan maturing July 23, 2041.
Contract Details
Contract Amount
$86,800 annually ($53,100 principal + $33,700 interest)
Vendor
MUNICIPAL FINANCE CORPORATION
Agency
Santa Ynez Community Services District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
Contract Term
Through final payment due July 23, 2041
Renewal Date
2041-07-23
Renewal Info
Long-term loan agreement with fixed annual principal and interest through July 23, 2041; no renewal terms indicated.
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