OCWD to Increase Seal Beach Well Construction Loan | Orange County Water District | CITY OF SEAL BEACH

Scope & details

The full contract record, as filed.

Contract amount

$8,066,792 (new total loan amount)

Contract type

FINANCIAL_SERVICES

Contract term

20-year term (original loan program request; specific dates not restated)

Renewal

Amendment increases the principal amount of the existing 20-year Producers Well Construction Loan Agreement to $8,066,792 while retaining the previously approved interest rate and overall structure; final loan amount may be reduced if contingencies are unused at project completion.

Document type

AgendaPacket

Source document

Orange County Water District AgendaPacket Administration/Finance Issues Committee Meeting 2026-06-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Orange County Water District?

City of Seal Beach was awarded this financial services contract by Orange County Water District, as recorded on June 11, 2026. The contract value is $8,066,792 (new total loan amount).

How much is the City of Seal Beach contract with Orange County Water District worth?

The City of Seal Beach contract with Orange County Water District is valued at $8,066,792 (new total loan amount), 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 Orange County Water District AgendaPacket Administration/Finance Issues Committee Meeting 2026-06-11 (AgendaPacket), dated June 11, 2026 from Orange County Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Seal Beach hold?

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