District Continues Repayment on Loans with First Foundation Bank
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Description
Copper Valley Community Services District continues repayment on two installment loans, originally totaling nearly $2 million, from First Foundation Bank, supporting infrastructure and construction projects through 2028 and 2035.
Contract Details
Contract Amount
Installment Loan A: $592,352 (remaining $235,310 at June 30, 2025); Installment Loan B: $1,407,648 (remaining $1,000,861 at June 30, 2025)
Vendor
FIRST FOUNDATION BANK
Agency
Copper Valley Community Services District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 17, 2026
Contract Term
Installment Loan A: May 4, 2020 – May 4, 2028; Installment Loan B: May 4, 2020 – May 4, 2035
Renewal Date
2035-05-04
Renewal Info
Installment amortization; original contracts executed 2020, principal reductions yearly; final payments due 2028 and 2035.
More from FIRST FOUNDATION BANK
Issuing Agency
Special District
Copperopolis, CA
More from Copper Valley Community Services District
Copper Valley Community Services District Board Meeting Agenda April 2026
Copper Valley Community Services District Board Meeting Agenda April 2026
Copper Valley Community Services District Board Meeting Agenda April 2026
Copper Valley Community Services District Board Meeting Agenda March 2026
Copper Valley Community Services District Board Meeting Agenda March 2026
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