FINANCIAL_SERVICESAPPROVED

City of Pomona Awards Financial Services Contract to California Municipal Finance Authority (July 2026)

Pomona will approve conduit financing through the California Municipal Finance Authority for up to $70 million in qualified 501(c)(3) bonds to finance the Terramonte at Foothill Apartments project. The resolution follows a TEFRA public hearing on the housing-focused bond issuance.

Status
APPROVED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
California Municipal Finance Authority
Agency
City of Pomona · CA

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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
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
Not to exceed $70,000,000 (bond issuance)
Contract type
FINANCIAL_SERVICES
Renewal
Conduit bond approval for a single issuance not to exceed $70 million; no renewal terms applicable.
Document type
Agenda
Source document
City of Pomona Regular Meeting Agenda 2026-07-20

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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 Pomona?

California Municipal Finance Authority was awarded this financial services contract by City of Pomona, as recorded on July 20, 2026. The contract value is Not to exceed $70,000,000 (bond issuance).

How much is the California Municipal Finance Authority contract with City of Pomona worth?

The California Municipal Finance Authority contract with City of Pomona is valued at Not to exceed $70,000,000 (bond issuance), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Pomona Regular Meeting Agenda 2026-07-20 (Agenda), dated July 20, 2026 from City of Pomona. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does California Municipal Finance Authority hold?

California Municipal Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View California Municipal Finance Authority's profile

What is City of Pomona currently buying?

Explore City of Pomona's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Pomona's profile

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