CONTRACTPENDING

City Considers $325 Million Bonds for Marisol HB

City of Huntington Beach logoCity of Huntington Beach
Disclosed value
Not to exceed $325,000,000
From agenda
Document date
Feb 3, 2026

The 30-second brief

What it covers

The City Council will hold a TEFRA public hearing and consider Resolution No. 2026-03 to approve a Joint Exercise of Powers Agreement with the California Public Finance Authority and the issuance of up to $325 million in revenue bonds for Marisol HB, LLC to finance a senior living community at 2120 Main Street. The action also includes approval of a Payment in Lieu of Taxes Agreement, with no financial obligations to the City.

Who holds it

Marisol Hb LLC holds this financial services contract with City of Huntington Beach. Its other public contracts on record include work for KINGS county HOUSING AUTH and Kings County.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $325,000,000
Document date
February 3, 2026
Source document
City Council/Public Financing Authority Agenda (Agenda)

Marisol Hb LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Huntington Beach?

Marisol Hb LLC was awarded this financial services contract by City of Huntington Beach, as recorded on February 3, 2026. The contract value is Not to exceed $325,000,000.

How much is the Marisol Hb LLC contract with City of Huntington Beach worth?

The Marisol Hb LLC contract with City of Huntington Beach is valued at Not to exceed $325,000,000, 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 Council/Public Financing Authority Agenda (Agenda), dated February 3, 2026 from City of Huntington Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Marisol Hb LLC hold?

Marisol Hb LLC 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 Huntington Beach currently buying?

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

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