FINANCIAL_SERVICESAPPROVED

City of Salinas Awards Financial Services Contract to Macdonald Ladd Development (October 2019)

Following a TEFRA public hearing, the Salinas City Council approved Resolution 21730 authorizing the California Statewide Communities Development Authority to issue up to $30 million in tax-exempt bonds for the Steinbeck Commons affordable housing project sponsored by MacDonald Ladd Development. The bonds will provide conduit financing support for development of the project in Salinas.

Document date · October 22, 2019

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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
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Scope & details

The full contract record, as filed.

Contract amount
Not-to-exceed $30 million
Contract type
FINANCIAL_SERVICES
Renewal
Bond issuance authorization; repayment and term details are governed by bond documents not described in the minutes.
Document type
Minutes
Source document
city_council_meeting_minutes_unofficial_october_22.pdf

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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 Salinas?

Macdonald Ladd Development was awarded this financial services contract by City of Salinas, as recorded on October 22, 2019. The contract value is Not-to-exceed $30 million.

How much is the Macdonald Ladd Development contract with City of Salinas worth?

The Macdonald Ladd Development contract with City of Salinas is valued at Not-to-exceed $30 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 city_council_meeting_minutes_unofficial_october_22.pdf (Minutes), dated October 22, 2019 from City of Salinas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Macdonald Ladd Development hold?

Macdonald Ladd Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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