FINANCIAL_SERVICESAPPROVED

City of Ojai Awards Financial Services Contract to California Municipal Finance Authority (October 2026)

The City of Ojai approved a joint powers agreement with the California Municipal Finance Authority and authorized a plan of finance for up to $25 million in revenue bonds. The bonds will finance and refinance the acquisition, construction, improvement, and equipping of the 50-unit Chaparral Place affordable housing project, with issuance or reissuance allowed during a three-year period after the first bond issue.

Document date · October 13, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $25,000,000 in outstanding principal amount
Contract type
FINANCIAL_SERVICES
Contract term
Joint Exercise of Powers Agreement dated January 1, 2004; bond issuance and reissuance permitted within the three-year period commencing on the date of issuance of the first series of Bonds
Renewal
No renewal or extension terms stated. The plan permits additional bond series to be issued or reissued within three years after the first series is issued.
Document type
Resolution
Source document
City of Ojai Resolution Resolution No. 26-34 2026-10-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Ojai?

California Municipal Finance Authority was awarded this financial services contract by City of Ojai, as recorded on October 13, 2026. The contract value is Not to exceed $25,000,000 in outstanding principal amount.

How much is the California Municipal Finance Authority contract with City of Ojai worth?

The California Municipal Finance Authority contract with City of Ojai is valued at Not to exceed $25,000,000 in outstanding principal amount, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Ojai Resolution Resolution No. 26-34 2026-10-13 (Resolution), dated October 13, 2026 from City of Ojai. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does California Municipal Finance Authority hold?

California Municipal Finance Authority 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 California Municipal Finance Authority's profile

What is City of Ojai currently buying?

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

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