CONTRACTAMENDED

Norco Revises SilverLakes Repayment Agreement with Balboa

Disclosed value: Total repayment amount: $2,154,299.29; 60 monthly installments of $35,904.99; From agendapacket
Document date: Feb 18, 2026
Renews: Mar 2027; Free account

What it covers

Norco approved a Master Repayment Agreement with Balboa Management Group, LLC for $2,154,299.29 in outstanding SilverLakes-related obligations. Balboa will make 60 monthly payments of $35,904.99 beginning March 1, 2026, under a revised repayment structure replacing the prior MOU.

Who holds it

Balboa Management Group LLC holds this contract with City of Norco.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Norco contract.

Renewal date on recordLocked

Know when this contract comes back up.

See the renewal date

Free account · 30-second setup · No credit card

Contract details

Amount: Total repayment amount: $2,154,299.29; 60 monthly installments of $35,904.99
Document date: February 18, 2026
Term: Effective February 18, 2026; repayments begin March 1, 2026 and continue for 60 months, with combined monthly payments stated through September 1, 2030
Renews: Free account
Vendor: Balboa Management Group LLC
Agency: City of Norco
Source document: City of Norco AgendaPacket 2026-02-18 (AgendaPacket)

Balboa Management Group LLC's other public contracts

City of Norco, CaliforniaBalboa Management Operates Norco Sports Park Under Lease · Jan 14, 2026Undisclosed City of Norco, CaliforniaNorco Discusses Silverlakes Property Negotiations With Balboa · Dec 17, 2025Undisclosed City of Norco, CaliforniaNorco Discusses Silverlakes Property Terms With Balboa · Dec 3, 2025Undisclosed City of Norco, CaliforniaNorco Negotiates Silverlakes Sports Park With Balboa · Dec 3, 2025Undisclosed City of Norco, CaliforniaNorco Negotiates Silverlakes Sports Park Terms with Balboa · Nov 19, 2025Undisclosed All Balboa Management Group LLC contractsVendor profile

More City of Norco contracts

Harper & Burns LLPHarper and Burns Reviews Tallick Permit Approval · Oct 13, 2026Undisclosed Gomez-novy, JuanJuan Gomez-Novy Supports General Plan Traffic Review · Oct 13, 2026Undisclosed Ward, JeanJean Ward Provides General Plan Consulting Support · Oct 13, 2026Undisclosed Harper & Burns LLPHarper and Burns Reviews Talbot Site Plan · Oct 13, 2026Undisclosed Lewis Land Developers LLCNorco Recommends Joint Fifth Street Redevelopment Proposal · Oct 4, 2026Undisclosed All City of Norco activityAgency profile

Questions about this contract

Who was awarded the government contract by City of Norco?

Balboa Management Group LLC was awarded this government contract by City of Norco, as recorded on February 18, 2026. The contract value is Total repayment amount: $2,154,299.29; 60 monthly installments of $35,904.99.

How much is the Balboa Management Group LLC contract with City of Norco worth?

The Balboa Management Group LLC contract with City of Norco is valued at Total repayment amount: $2,154,299.29; 60 monthly installments of $35,904.99.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Norco AgendaPacket 2026-02-18 (AgendaPacket), dated February 18, 2026 from City of Norco. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Balboa Management Group LLC hold?

Balboa Management Group 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 Norco currently buying?

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

Work in government? Get Civic IQ free →

More City of Norco contracts →Browse all agencies in California →