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City Recommends $4.8 Million School Site Financing

City of Morro Bay logoCity of Morro Bay
Disclosed value
$4,800,000
From agenda
Document date
Oct 13, 2026

The 30-second brief

What it covers

Staff recommended approving a first amendment to the Morro Elementary School site purchase agreement with San Luis Coastal Unified School District. The recommendation also includes $4.8 million in seller-carried financing through a loan agreement.

Who holds it

San Luis Coastal Unified School District holds this financial services contract with City of Morro Bay. Its other public contracts on record include work for Los Osos Community Services District and Pleasant Valley Joint Union Elementary.

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Contract details

Contract type
Financial Services
Amount
$4,800,000
Document date
October 13, 2026
Vendor
San Luis Coastal Unified School District
Agency
City of Morro Bay
Source document
City of Morro Bay Agenda City Council Regular Meeting 2026-10-13 (Agenda)

San Luis Coastal Unified School District's other public contracts

Los Osos Community Services District, CaliforniaCSD Continues Sunnyside Property Purchase Negotiations · Sep 27, 2026UndisclosedCity of Morro Bay, CaliforniaMorro Bay Advances $4.8 Million School Property Purchase · Sep 18, 2026Pleasant Valley Joint Union Elementary, CaliforniaBoard Clerk Services Approved With SLCUSD · Sep 9, 2026City of Morro Bay, CaliforniaMorro Bay Advances Purchase of Morro Elementary · Aug 25, 2026UndisclosedSan Luis Coastal Unified, CaliforniaDistrict Releases Management Salary Schedules · Jul 1, 2026UndisclosedAll San Luis Coastal Unified School District contractsVendor profile

More City of Morro Bay contracts

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Questions about this contract

Who was awarded the financial services contract by City of Morro Bay?

San Luis Coastal Unified School District was awarded this financial services contract by City of Morro Bay, as recorded on October 13, 2026. The contract value is $4,800,000.

How much is the San Luis Coastal Unified School District contract with City of Morro Bay worth?

The San Luis Coastal Unified School District contract with City of Morro Bay is valued at $4,800,000, 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 Morro Bay Agenda City Council Regular Meeting 2026-10-13 (Agenda), dated October 13, 2026 from City of Morro Bay. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does San Luis Coastal Unified School District hold?

San Luis Coastal Unified School District 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 Morro Bay currently buying?

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

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