Sterling National Bank Holds OMWD Wastewater Bonds
California Infrastructure and Economic Development Bank (IBank) | State of CaliforniaState · Sacramento, CA- Disclosed value
- $8.9M total original issuance; $5.9M outstanding in FY2025
- From staffreport
- Document date
- Oct 22, 2026
- Renews
- Free account
The 30-second brief
Olivenhain Municipal Water District previously completed a private placement of its 2021A and 2021B Wastewater Refunding Revenue Bonds with Sterling National Bank. The bonds were originally issued for approximately $8.9 million and had $5.9 million outstanding in fiscal year 2025.
Sterling National Bank holds this financial services contract with California Infrastructure and Economic Development Bank (IBank) | State of California. Its other public contracts on record include work for Town of Warwick and Hastings-On-Hudson Union Free School District.
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Contract details
- Contract type
- Financial Services
- Amount
- $8.9M total original issuance; $5.9M outstanding in FY2025
- Document date
- October 22, 2026
- Term
- 2021A Wastewater Revenue Bonds mature in 2041; 2021B Wastewater Revenue Bonds mature in 2028
- Renews
- On record
- Vendor
- Sterling National Bank
- Source document
- Infrastructure State Revolving Fund Program Staff Report Olivenhain Municipal Water District Wastewater System Capital Improvement and Replacement Project 2026-10-22 (StaffReport)
Sterling National Bank's other public contracts
More California Infrastructure and Economic Development Bank (IBank) | State of California contracts
Questions about this contract
Who was awarded the financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California?
Sterling National Bank was awarded this financial services contract by California Infrastructure and Economic Development Bank (IBank) | State of California, as recorded on October 22, 2026. The contract value is $8.9M total original issuance; $5.9M outstanding in FY2025.
How much is the Sterling National Bank contract with California Infrastructure and Economic Development Bank (IBank) | State of California worth?
The Sterling National Bank contract with California Infrastructure and Economic Development Bank (IBank) | State of California is valued at $8.9M total original issuance; $5.9M outstanding in FY2025, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in Infrastructure State Revolving Fund Program Staff Report Olivenhain Municipal Water District Wastewater System Capital Improvement and Replacement Project 2026-10-22 (StaffReport), dated October 22, 2026 from California Infrastructure and Economic Development Bank (IBank) | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Sterling National Bank hold?
Sterling National Bank 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 California Infrastructure and Economic Development Bank (IBank) | State of California currently buying?
Explore California Infrastructure and Economic Development Bank (IBank) | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
