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DIA Rejects Ten-Year Retention Grant For EverBank

Downtown Investment Authority (DIA) logoDowntown Investment Authority (DIA)
Disclosed value
Approximately $980,000 per year for 10 years (about $10 million total)
From minutes
Document date
Feb 18, 2026
Term
10 years

The 30-second brief

What it covers

The Downtown Investment Authority Board declined to support a proposed ten-year retention grant for EverBank valued at roughly $980,000 per year to keep its headquarters at 301 West Bay Street. Board members cited precedent and market concerns in voting 2-7 against Resolution 2026-02-09.

Who holds it

EVERBANK holds this financial services contract with Downtown Investment Authority (DIA). Its other public contracts on record include work for San Mateo County MVCD and Big Bear Fire Authority.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Financial Services
Amount
Approximately $980,000 per year for 10 years (about $10 million total)
Document date
February 18, 2026
Term
10 years
Vendor
EVERBANK
Agency
Downtown Investment Authority (DIA)
Source document
Downtown Investment Authority Meeting Minutes 2026-02-18 (Minutes)

EVERBANK's other public contracts

San Mateo County MVCD, CaliforniaEverBank Proposal Reviewed for Capital Project · Oct 14, 2026Big Bear Fire Authority, CaliforniaFire Authority Pays Everbank Loan Interest · Sep 28, 2026$1.6KBig Bear Fire Authority, CaliforniaFire Authority Approves Everbank Tax Revenue Loan · Jul 14, 2026UndisclosedHumboldt Waste Management Authority, CaliforniaEverBank Loan Approved For HWMA Property Purchase · Jul 9, 2026Humboldt Waste Management Authority, CaliforniaWaste Authority Approves 15-Year EverBank Property Loan · Jun 25, 2026All EVERBANK contractsVendor profile

More Downtown Investment Authority (DIA) contracts

DVIDVI Marketing Contract Amendment On Agenda · Aug 27, 2026UndisclosedUFUF Access Agreement Considered By DIA Board · Aug 27, 2026UndisclosedDapper D’sBoard To Consider Dapper D’s Contract Modification · Aug 27, 2026UndisclosedPfm Advisors LLCPFM Advisors wins DIA financial consulting contract · Jun 24, 2026Undisclosed100 N Laura St LLCDIA approves façade grant for 100 North Laura · Jun 24, 2026Up to $75,000All Downtown Investment Authority (DIA) activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Downtown Investment Authority (DIA)?

EVERBANK was awarded this financial services contract by Downtown Investment Authority (DIA), as recorded on February 18, 2026. The contract value is Approximately $980,000 per year for 10 years (about $10 million total).

How much is the EVERBANK contract with Downtown Investment Authority (DIA) worth?

The EVERBANK contract with Downtown Investment Authority (DIA) is valued at Approximately $980,000 per year for 10 years (about $10 million total), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Downtown Investment Authority Meeting Minutes 2026-02-18 (Minutes), dated February 18, 2026 from Downtown Investment Authority (DIA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does EVERBANK hold?

EVERBANK 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 Downtown Investment Authority (DIA) currently buying?

Explore Downtown Investment Authority (DIA)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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