CONTRACTRECOMMENDED

TEFRA Bond Reissuance for 308 Sango Court Housing

City of Milpitas logoCity of Milpitas
Disclosed value
Not exceeding $47,000,000 (bond financing)
From agendapacket
Document date
Apr 21, 2026

The 30-second brief

What it covers

Milpitas is asked to approve the reissuance of up to $47,000,000 in TEFRA tax-exempt revenue bonds by the California Municipal Finance Authority on behalf of Milpitas Pacific Associates for an affordable housing project at 308 Sango Court. The action would facilitate tax-exempt financing for the multifamily development without obligating City funds.

Who holds it

Milpitas Pacific Associates holds this financial services contract with City of Milpitas.

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Contract details

Contract type
Financial Services
Amount
Not exceeding $47,000,000 (bond financing)
Document date
April 21, 2026
Source document
City of Milpitas City Council Agenda Packet April 21, 2026 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by City of Milpitas?

Milpitas Pacific Associates was awarded this financial services contract by City of Milpitas, as recorded on April 21, 2026. The contract value is Not exceeding $47,000,000 (bond financing).

How much is the Milpitas Pacific Associates contract with City of Milpitas worth?

The Milpitas Pacific Associates contract with City of Milpitas is valued at Not exceeding $47,000,000 (bond financing), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Milpitas City Council Agenda Packet April 21, 2026 (AgendaPacket), dated April 21, 2026 from City of Milpitas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Milpitas Pacific Associates hold?

Milpitas Pacific Associates may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Milpitas currently buying?

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