City of Palo Alto Awards Financial Services Contract to California Municipal Finance Authority Cmfa (December 2025)
City of Palo AltoCity · Palo Alto, CA- Disclosed value
- Revenue Bonds not to exceed $80 Million
- From minutes
- Approved
- Dec 15, 2025
The 30-second brief
The City Council authorized the California Municipal Finance Authority to issue up to $80 million in revenue bonds to finance an affordable 130-unit multifamily housing project at 3001 El Camino Real. The CMFA will serve as the conduit issuer for the bonds.
California Municipal Finance Authority Cmfa holds this financial services contract with City of Palo Alto. Its other public contracts on record include work for Placer County Water Agency and City of Berkeley.
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Contract details
- Contract type
- Financial Services
- Amount
- Revenue Bonds not to exceed $80 Million
- Document date
- December 15, 2025
- Agency
- City of Palo Alto
- Source document
- Palo Alto City Council Meeting Minutes December 2025 (Minutes)
California Municipal Finance Authority Cmfa's other public contracts
More City of Palo Alto contracts
Questions about this contract
Who was awarded the financial services contract by City of Palo Alto?
California Municipal Finance Authority Cmfa was awarded this financial services contract by City of Palo Alto, as recorded on December 15, 2025. The contract value is Revenue Bonds not to exceed $80 Million.
How much is the California Municipal Finance Authority Cmfa contract with City of Palo Alto worth?
The California Municipal Finance Authority Cmfa contract with City of Palo Alto is valued at Revenue Bonds not to exceed $80 Million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Palo Alto City Council Meeting Minutes December 2025 (Minutes), dated December 15, 2025 from City of Palo Alto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does California Municipal Finance Authority Cmfa hold?
California Municipal Finance Authority Cmfa 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 Palo Alto currently buying?
Explore City of Palo Alto's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.