FINANCIAL_SERVICESAPPROVED

Tea Pot Dome Water District Awards Financial Services Contract to Everbank N.a. (October 2025)

Pixley Irrigation District approved a $14 million installment purchase agreement with EverBank, N.A., financing a water transfer through 2040. The deal supports acquisition of key water assets with payments funded from water enterprise revenues.

Status
APPROVED
Document date
October 3, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Everbank N.a.
Agency
Tea Pot Dome Water District · CA

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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
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
$14,070,000 (principal, interest to maturity $20,118,490)
Contract type
FINANCIAL_SERVICES
Contract term
October 2025 – December 30, 2040
Renewal date
2040-12-30
Renewal
Term ends December 30, 2040. Prepayment provisions included; no auto-renewal. Standard closing/settlement process.
Document type
AgendaPacket
Source document
Pixley Irrigation District Board Meeting Agenda Packet October 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Tea Pot Dome Water District?

Everbank N.a. was awarded this financial services contract by Tea Pot Dome Water District, as recorded on October 3, 2025. The contract value is $14,070,000 (principal, interest to maturity $20,118,490).

How much is the Everbank N.a. contract with Tea Pot Dome Water District worth?

The Everbank N.a. contract with Tea Pot Dome Water District is valued at $14,070,000 (principal, interest to maturity $20,118,490), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Pixley Irrigation District Board Meeting Agenda Packet October 2025 (AgendaPacket), dated October 3, 2025 from Tea Pot Dome Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Everbank N.a. hold?

Everbank N.a. 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 Everbank N.a.'s profile

What is Tea Pot Dome Water District currently buying?

Explore Tea Pot Dome Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Tea Pot Dome Water District's profile

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