FINANCIAL_SERVICESRECOMMENDED

Sebastopol Recommends $5 Million WIFIA Water Financing

Sebastopol recommended pursuing approximately $5 million in WIFIA financing as part of a $6.25 million package for the Well 4 replacement, Pleasant Hill Loop, and Water Tank Seismic Retrofit projects. The small-community structure provides up to 80 percent of project costs and a five-year capitalization period with no payments, while staff prepares the financing procurement schedule and final documents.

Document date · October 5, 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
Approximately $5,000,000 in WIFIA financing; part of an approximately $6,250,000 total funding package
Contract type
FINANCIAL_SERVICES
Contract term
Five-year capitalization period during which no payments are required
Renewal
Planned financing procurement; final financing documents, loan term, interest costs, debt service, and payment schedule remain subject to future City Council approval.
Document type
StaffReport
Source document
City of Sebastopol StaffReport Water Infrastructure Financing Strategy 2026-10-20

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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 Sebastopol?

WIFIA was awarded this financial services contract by City of Sebastopol, as recorded on October 5, 2026. The contract value is Approximately $5,000,000 in WIFIA financing; part of an approximately $6,250,000 total funding package.

How much is the WIFIA contract with City of Sebastopol worth?

The WIFIA contract with City of Sebastopol is valued at Approximately $5,000,000 in WIFIA financing; part of an approximately $6,250,000 total funding package, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Sebastopol StaffReport Water Infrastructure Financing Strategy 2026-10-20 (StaffReport), dated October 5, 2026 from City of Sebastopol. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does WIFIA hold?

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