Berkeley Considers $25 Million Ashby Lofts Bond Financing | City of Berkeley | CALIFORNIA MUNICIPAL FINANCE AUTHORITY

Scope & details

The full contract record, as filed.

Contract amount

Aggregate principal amount not to exceed $25,000,000

Contract type

FINANCIAL_SERVICES

Contract term

Within the three-year period commencing on the date of issuance of the first series of Bonds

Renewal

The plan permits CMFA to issue or reissue additional bond series from time to time, if necessary or desirable, within three years after issuance of the first series. This is a bond financing authorization rather than a traditional renewable service contract.

Document type

StaffReport

Source document

City of Berkeley StaffReport California Municipal Finance Authority Bond Financing for Ashby Lofts Project 2026-09-29

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Berkeley?

California Municipal Finance Authority was awarded this financial services contract by City of Berkeley, as recorded on September 22, 2026. The contract value is Aggregate principal amount not to exceed $25,000,000.

How much is the California Municipal Finance Authority contract with City of Berkeley worth?

The California Municipal Finance Authority contract with City of Berkeley is valued at Aggregate principal amount not to exceed $25,000,000, 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 City of Berkeley StaffReport California Municipal Finance Authority Bond Financing for Ashby Lofts Project 2026-09-29 (StaffReport), dated September 22, 2026 from City of Berkeley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does California Municipal Finance Authority hold?

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

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