City plans 20‑year solar lease with Metro Futures
City of Fresno - Dept. of Public UtilitiesUtility District · Fresno, CA- Disclosed value
- $5,684,172 plus $25,000 issuance cost, total not to exceed $5,709,172
- From agenda
- Document date
- Jun 18, 2026
- Term
- 20-year lease term
- Renews
- Free account
The 30-second brief
The City of Fresno proposes a 20‑year Lease Purchase Agreement with Metro Futures, Inc. totaling up to $5,709,172, including issuance costs, to finance solar and EV charging projects at PARCS and public safety facilities. Related escrow and equipment schedule documents will also be executed.
Metro Futures Inc holds this financial services contract with City of Fresno - Dept. of Public Utilities. Its other public contracts on record include work for Central Basin Municipal Water District and City of Fresno.
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Contract details
- Contract type
- Financial Services
- Amount
- $5,684,172 plus $25,000 issuance cost, total not to exceed $5,709,172
- Document date
- June 18, 2026
- Term
- 20-year lease term
- Renews
- On record
- Vendor
- Metro Futures Inc
- Source document
- City of Fresno Agenda 2026-06-18 (Agenda)
Metro Futures Inc's other public contracts
More City of Fresno - Dept. of Public Utilities contracts
Questions about this contract
Who was awarded the financial services contract by City of Fresno - Dept. of Public Utilities?
Metro Futures Inc was awarded this financial services contract by City of Fresno - Dept. of Public Utilities, as recorded on June 18, 2026. The contract value is $5,684,172 plus $25,000 issuance cost, total not to exceed $5,709,172.
How much is the Metro Futures Inc contract with City of Fresno - Dept. of Public Utilities worth?
The Metro Futures Inc contract with City of Fresno - Dept. of Public Utilities is valued at $5,684,172 plus $25,000 issuance cost, total not to exceed $5,709,172, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Fresno Agenda 2026-06-18 (Agenda), dated June 18, 2026 from City of Fresno - Dept. of Public Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Metro Futures Inc hold?
Metro Futures Inc 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 City of Fresno - Dept. of Public Utilities currently buying?
Explore City of Fresno - Dept. of Public Utilities's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.