District Considers EverBank Seawall Loan Prepayment
Pajaro Dunes Geologic Hazard Abatement DistrictSpecial District · Watsonville, CA- Disclosed value
- Original loan amount $1,225,000; current loan balance approximately $902,000; proposed penalty-free prepayment $245,000
- From agendapacket
- Document date
- Jul 25, 2026
- Renews
- Free account
The 30-second brief
The District is considering a $245,000 penalty-free prepayment on its EverBank seawall maintenance project loan. The proposed action would reduce financing costs and revise the repayment schedule, with assessments continuing through approximately September 2029.
EVERBANK holds this financial services contract with Pajaro Dunes Geologic Hazard Abatement District. Its other public contracts on record include work for San Mateo County MVCD and Big Bear Fire Authority.
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Contract details
- Contract type
- Financial Services
- Amount
- Original loan amount $1,225,000; current loan balance approximately $902,000; proposed penalty-free prepayment $245,000
- Document date
- July 25, 2026
- Term
- Loan obtained October 2025; assessments expected to continue through approximately September 2029
- Renews
- On record
- Vendor
- EVERBANK
- Source document
- Pajaro Dunes Geologic Hazard Abatement District AgendaPacket 2026-07-25 (AgendaPacket)
EVERBANK's other public contracts
More Pajaro Dunes Geologic Hazard Abatement District contracts
Questions about this contract
Who was awarded the financial services contract by Pajaro Dunes Geologic Hazard Abatement District?
EVERBANK was awarded this financial services contract by Pajaro Dunes Geologic Hazard Abatement District, as recorded on July 25, 2026. The contract value is Original loan amount $1,225,000; current loan balance approximately $902,000; proposed penalty-free prepayment $245,000.
How much is the EVERBANK contract with Pajaro Dunes Geologic Hazard Abatement District worth?
The EVERBANK contract with Pajaro Dunes Geologic Hazard Abatement District is valued at Original loan amount $1,225,000; current loan balance approximately $902,000; proposed penalty-free prepayment $245,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Pajaro Dunes Geologic Hazard Abatement District AgendaPacket 2026-07-25 (AgendaPacket), dated July 25, 2026 from Pajaro Dunes Geologic Hazard Abatement District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does EVERBANK hold?
EVERBANK 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 Pajaro Dunes Geologic Hazard Abatement District currently buying?
Explore Pajaro Dunes Geologic Hazard Abatement District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.