Public Financing Authority (EIFD) Agenda Packet March 2026
Kosmont Financial Services to Advise La Verne EIFD
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Description
The La Verne Public Financing Authority approved an agreement with Kosmont Financial Services to provide ongoing advisory services for the Enhanced Infrastructure Financing District at an estimated annual cost of $14,500. Services include fiscal projections, project scoping, and economic development strategy, with costs paid as incurred and subject to annual budget approval.
Contract Details
Contract Amount
Estimated $14,500 annually
Vendor
KOSMONT FINANCIAL SERVICES
Agency
City of La Verne, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
March 8, 2026
Contract Term
March 11, 2026 – open; renewable/terminable at will
Renewal Info
Agreement may be terminated at any time by either party upon written notice; no fixed end date. Budget allocation reviewed annually; amendments possible based on work needed.
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