FINANCIAL_SERVICESONGOING

Magnolia Plans Refinancing of CLI Facility Loans

Magnolia plans to refinance existing CLI Capital facility loans through its 2026C/D bond financing. Approximately $19.45 million of CLI obligations tied to the Sherman Way and Vanowen properties is expected to be repaid at closing.

Document date · October 8, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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

Scope & details

The full contract record, as filed.

Contract amount
Sherman Way Loan maximum $7,825,000; Vanowen Loan maximum $27,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Sherman Way Loan dated January 23, 2025; Vanowen Loan dated February 27, 2023; existing obligations expected to be refinanced at the November 5, 2026 bond closing
Renewal date
2026-11-05
Renewal
Existing loans are expected to be paid off and refinanced through the Series 2026C/D bonds at closing.
Document type
Resolution
Source document
Magnolia Public Schools Resolution Approval of Bond Financing 2026-10-08

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Magnolia Science Academy Bell District?

Cli Capital was awarded this financial services contract by Magnolia Science Academy Bell District, as recorded on October 8, 2026. The contract value is Sherman Way Loan maximum $7,825,000; Vanowen Loan maximum $27,000,000.

How much is the Cli Capital contract with Magnolia Science Academy Bell District worth?

The Cli Capital contract with Magnolia Science Academy Bell District is valued at Sherman Way Loan maximum $7,825,000; Vanowen Loan maximum $27,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Magnolia Public Schools Resolution Approval of Bond Financing 2026-10-08 (Resolution), dated October 8, 2026 from Magnolia Science Academy Bell District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cli Capital hold?

Cli Capital 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 Cli Capital's profile

What is Magnolia Science Academy Bell District currently buying?

Explore Magnolia Science Academy Bell District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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