Ramirez Water District Board Meeting Agenda March 2026
Letter of Credit Approved with River Valley Community Bank
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Description
The Board authorized execution of a $1,580,000 letter of credit with River Valley Community Bank to serve as financial security for state permit compliance related to sediment management projects.
Contract Details
Contract Amount
$1,580,000 financial security (collateralized letter of credit)
Vendor
RIVER VALLEY COMMUNITY BANK
Agency
Ramirez Water District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 15, 2026
Contract Term
Up to 30 years (minimum 20-year permit)
Renewal Date
2056-02-12
Renewal Info
Permit and letter of credit duration is up to 30 years, with a minimum 20-year life. Renewal subject to permit requirements.
More from RIVER VALLEY COMMUNITY BANK
Related Contracts
Ramirez Water District Board of Directors Meeting Agenda April 2026
DISCUSSEDRamirez Water District Board Meeting Agenda March 2026
PENDINGYuba County Board of Directors Agenda January 2026
APPROVEDyuba_water_agency_board_of_directors_meeting_agend.pdf
APPROVEDyuba_water_agency_board_meeting_minutes_oct_2025.pdf
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Ramirez Water District Board of Director's Regular Meeting Agenda May 2026
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Ramirez Water District Board of Directors Meeting Agenda April 2026
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