Flagstar Financing Recommended for Concord Operations Facility

Concord City Council is being asked to approve a $10.2 million installment financing contract with Flagstar Public Funding Corp. at a 3.9850% interest rate for 10 years to support the City's Communications and Emergency Management Operations facility.

Document date · September 10, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$10,200,000

Contract type

FINANCIAL_SERVICES

Contract term

10 years; interest rate 3.9850%

Renewal date

2036-09-10

Renewal

Fixed 10-year installment financing term.

Document type

Agenda

Source document

City of Concord City Council Agenda 2026-09-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Concord city?

Flagstar Public Funding Corp was awarded this financial services contract by City of Concord city, as recorded on September 10, 2026. The contract value is $10,200,000.

How much is the Flagstar Public Funding Corp contract with City of Concord city worth?

The Flagstar Public Funding Corp contract with City of Concord city is valued at $10,200,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Concord City Council Agenda 2026-09-10 (Agenda), dated September 10, 2026 from City of Concord city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Flagstar Public Funding Corp hold?

Flagstar Public Funding Corp 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 Flagstar Public Funding Corp's profile

What is City of Concord city currently buying?

Explore City of Concord city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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