Newport Beach Property Interest Purchase Recommended
Laguna Water DistrictUtility District · Dos Palos, CA- Disclosed value
- $1,402,500
- From staffreport
- Document date
- Nov 7, 2026
The 30-second brief
Laguna Beach County Water District staff recommended approval of a Purchase and Sale Agreement with the City of Newport Beach for a 51% undivided interest in the Fountain Valley well-site property. Newport Beach would pay $1,402,500, with the transaction coordinated to the effective date of the related well project agreement.
City of Newport Beach holds this contract with Laguna Water District. Its other public contracts on record include work for Orange Co Sanitation District.
Term as filed: Closing upon satisfaction of escrow, title, and other transaction requirements; no specific closing date stated.
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Contract details
- Amount
- $1,402,500
- Document date
- November 7, 2026
- Term
- Closing upon satisfaction of escrow, title, and other transaction requirements; no specific closing date stated
- Vendor
- City of Newport Beach
- Agency
- Laguna Water District
- Source document
- Laguna Water District StaffReport Consider Approval of Well Project & Operations Agreement and Purchase and Sale Agreement with the City of Newport Beach 2026-11-09 (StaffReport)
City of Newport Beach's other public contracts
More Laguna Water District contracts
Questions about this contract
Who was awarded the government contract by Laguna Water District?
City of Newport Beach was awarded this government contract by Laguna Water District, as recorded on November 7, 2026. The contract value is $1,402,500.
How much is the City of Newport Beach contract with Laguna Water District worth?
The City of Newport Beach contract with Laguna Water District is valued at $1,402,500.
What type of contract is this?
This is a government contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in Laguna Water District StaffReport Consider Approval of Well Project & Operations Agreement and Purchase and Sale Agreement with the City of Newport Beach 2026-11-09 (StaffReport), dated November 7, 2026 from Laguna Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does City of Newport Beach hold?
City of Newport Beach may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Laguna Water District currently buying?
Explore Laguna Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.