Fortuna Elementary Awards Financial Services Contract to California Infrastructure & Economic Development Bank (August 2024)

Scope & details

The full contract record, as filed.

Contract amount

Maximum of $12,000,000 (IBank Loan funded from Series 2024C and 2024D Bonds)

Contract type

FINANCIAL_SERVICES

Contract term

Loan aligned to IBank Series 2024C and 2024D bond maturity, final maturity June 1, 2064 (approx. 40 years)

Renewal date

2064-06-01

Renewal

Loan is structured under IBank’s Indenture and Supplemental Master Indenture; any renewal or refinancing would require separate future approvals.

Document type

Agenda

Source document

fortuna-elementary-agenda-2024-08-29_770.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Fortuna Elementary?

California Infrastructure & Economic Development Bank was awarded this financial services contract by Fortuna Elementary, as recorded on August 29, 2024. The contract value is Maximum of $12,000,000 (IBank Loan funded from Series 2024C and 2024D Bonds).

How much is the California Infrastructure & Economic Development Bank contract with Fortuna Elementary worth?

The California Infrastructure & Economic Development Bank contract with Fortuna Elementary is valued at Maximum of $12,000,000 (IBank Loan funded from Series 2024C and 2024D Bonds), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in fortuna-elementary-agenda-2024-08-29_770.pdf (Agenda), dated August 29, 2024 from Fortuna Elementary. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does California Infrastructure & Economic Development Bank hold?

California Infrastructure & Economic Development Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Fortuna Elementary currently buying?

Explore Fortuna Elementary's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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