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FINANCIAL_SERVICESONGOING

Copper Valley Community Services District Board Meeting Agenda March 2026

District Continues Repayment on Loans with First Foundation Bank

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)Copper Valley Community Services DistrictFIRST FOUNDATION BANKMarch 17, 2026

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Derivita logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
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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.

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