Irvine Ranch Water District Finance and Personnel Committee Meeting April 7 2026
Bank of America LOC Supports 2011-A-2 Bonds
Trusted by teams at
Description
The District’s $22.96 million Series 2011-A-2 Refunding bonds continue under a Bank of America letter of credit through February 8, 2027, with Goldman as remarketing agent and daily rate resets. The LOC carries a 0.320% fee.
Contract Details
Contract Amount
$22,960,000
Vendor
B OF a
Agency
Irvine Ranch Water District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 6, 2026
Contract Term
April 15, 2011 – October 1, 2037; LOC reimbursement agreement dated February 1, 2024 expiring February 8, 2027
Renewal Date
2027-02-08
Renewal Info
Bank of America reimbursement agreement dated February 1, 2024 expiring February 8, 2027; renewal or replacement needed before the LOC ends to support bonds maturing October 1, 2037.
More from B OF a
Related Contracts
Northern Sierra AQMD Board of Directors Meeting Agenda April 2026
RATIFIEDNorthern Sierra AQMD Board of Directors Meeting Agenda April 2026
RATIFIEDIrvine Ranch Water District Finance and Personnel Committee Meeting April 7 2026
ONGOINGIrvine Ranch Water District Finance and Personnel Committee Meeting April 7 2026
ONGOINGIrvine Ranch Water District Finance and Personnel Committee Meeting April 7 2026
ONGOINGMore from Irvine Ranch Water District
Irvine Ranch Water District Engineering and Operations Committee Agenda Packet May 2026
Irvine Ranch Water District Engineering and Operations Committee Agenda Packet May 2026
Irvine Ranch Water District Minutes Regular Meeting 2026-04-27
Irvine Ranch Water District Minutes Regular Meeting 2026-04-27
Irvine Ranch Water District Minutes Regular Meeting 2026-04-27
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.