Apple Valley Unified Awards Financial Services Contract to Webster Bank National Association (December 2024)
Apple Valley UnifiedSchool · Apple Valley, CA- Disclosed value
- Aggregate principal amount not to exceed $10,000,000
- From resolution
- Approved
- Dec 12, 2024
The 30-second brief
Apple Valley Unified School District Public Facilities Corporation approved an Assignment Agreement transferring its right to receive lease payments under a Lease/Purchase Agreement of up to $10 million to Webster Bank, National Association. The bank will act as purchaser in financing district facility acquisitions and renovations.
Webster Bank National Association holds this financial services contract with Apple Valley Unified. Its other public contracts on record include work for Wayne Local Schools and Patchogue-Medford Union Free School District.
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Contract details
- Contract type
- Financial Services
- Amount
- Aggregate principal amount not to exceed $10,000,000
- Document date
- December 12, 2024
- Agency
- Apple Valley Unified
- Source document
- apple-valley-unified-resolution-2024-12-12_bef.pdf (Resolution)
Webster Bank National Association's other public contracts
More Apple Valley Unified contracts
Questions about this contract
Who was awarded the financial services contract by Apple Valley Unified?
Webster Bank National Association was awarded this financial services contract by Apple Valley Unified, as recorded on December 12, 2024. The contract value is Aggregate principal amount not to exceed $10,000,000.
How much is the Webster Bank National Association contract with Apple Valley Unified worth?
The Webster Bank National Association contract with Apple Valley Unified is valued at Aggregate principal amount not to exceed $10,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in apple-valley-unified-resolution-2024-12-12_bef.pdf (Resolution), dated December 12, 2024 from Apple Valley Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Webster Bank National Association hold?
Webster Bank National Association 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 Apple Valley Unified currently buying?
Explore Apple Valley Unified's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.