FINANCIAL_SERVICESRECOMMENDED

IBank Weighs $135 Million Bonds for Colburn School

The California Infrastructure and Economic Development Bank is considering authorization of up to $135 million in conduit tax-exempt and/or taxable revenue bonds for The Colburn School. Bond proceeds will fund new performing arts and educational facilities in downtown Los Angeles, refund the 2022 Colburn School bonds, finance capitalized interest, and cover issuance costs through an expected final maturity of August 1, 2066.

Status
RECOMMENDED
Document date
July 7, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Colburn School
Agency
Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) · CA

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $135,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Expected maturity August 1, 2066
Renewal date
2066-08-01
Renewal
Single conduit bond issuance with expected final maturity of August 1, 2066; no renewals described.
Document type
StaffReport
Source document
California Infrastructure and Economic Development Bank Staff Report Conduit 501(c)(3) Revenue Bond Financing 2026-07-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank)?

Colburn School was awarded this financial services contract by Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), as recorded on July 7, 2026. The contract value is Not to exceed $135,000,000.

How much is the Colburn School contract with Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) worth?

The Colburn School contract with Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) is valued at Not to exceed $135,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in California Infrastructure and Economic Development Bank Staff Report Conduit 501(c)(3) Revenue Bond Financing 2026-07-07 (StaffReport), dated July 7, 2026 from Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colburn School hold?

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

View Colburn School's profile

What is Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) currently buying?

Explore Governor’s Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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