Cucamonga School District 2025-2026 Second Interim Report
District Lease Obligation with Capital One Bank Nears Completion
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Description
Cucamonga School District maintains a long-term lease with Capital One Bank to retire a $904,000 Certificate of Participation, funded by developer fees. The debt obligation will be fully repaid by the end of the 2025-2026 fiscal year.
Contract Details
Contract Amount
$904,000 principal balance (annual payments from developer fees)
Vendor
CAPITAL ONE BANK
Agency
Cucamonga Elementary, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 12, 2026
Contract Term
Through June 30, 2026 (debt fully repaid end of fiscal year)
Renewal Date
2026-06-30
Renewal Info
No renewal; debt to be fully repaid in FY 2025-26.
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Cucamonga School District 2025-2026 Second Interim Report
Cucamonga School District 2025-2026 Second Interim Report
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