San Mateo County MVCD Awards Financial Services Contract to U.S. Bancorp Government Leasing & Finance (October 2026)
San Mateo County MVCDSpecial District · Burlingame, CA- Disclosed value
- Up to $5 million in principal; scheduled lease payments totaling $7,155,009.42; estimated total interest $2,155,009.42
- From agendapacket
- Approved
- Oct 14, 2026
- Term
- 15 years; through November 1, 2041
- Renews
- Free account
The 30-second brief
The District approved U.S. Bancorp Government Leasing & Finance for up to $5 million in 15-year lease financing for the 1415 N. Carolan Avenue capital building project. The financing carries a quoted 4.98 percent rate and scheduled payments through November 1, 2041.
U.S. Bancorp Government Leasing & Finance holds this financial services contract with San Mateo County MVCD. Its other public contracts on record include work for Pendergast Elementary District and Town of Colonial Beach.
The renewal date is on record. A free account shows it, with the renewals for every San Mateo County MVCD contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $5 million in principal; scheduled lease payments totaling $7,155,009.42; estimated total interest $2,155,009.42
- Document date
- October 14, 2026
- Term
- 15 years; through November 1, 2041
- Renews
- Free account
- Agency
- San Mateo County MVCD
- Source document
- San Mateo County Mosquito and Vector Control District AgendaPacket Board of Trustees Meeting 2026-10-14 (AgendaPacket)
U.S. Bancorp Government Leasing & Finance's other public contracts
More San Mateo County MVCD contracts
Questions about this contract
Who was awarded the financial services contract by San Mateo County MVCD?
U.S. Bancorp Government Leasing & Finance was awarded this financial services contract by San Mateo County MVCD, as recorded on October 14, 2026. The contract value is Up to $5 million in principal; scheduled lease payments totaling $7,155,009.42; estimated total interest $2,155,009.42.
How much is the U.S. Bancorp Government Leasing & Finance contract with San Mateo County MVCD worth?
The U.S. Bancorp Government Leasing & Finance contract with San Mateo County MVCD is valued at Up to $5 million in principal; scheduled lease payments totaling $7,155,009.42; estimated total interest $2,155,009.42, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in San Mateo County Mosquito and Vector Control District AgendaPacket Board of Trustees Meeting 2026-10-14 (AgendaPacket), dated October 14, 2026 from San Mateo County MVCD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does U.S. Bancorp Government Leasing & Finance hold?
U.S. Bancorp Government Leasing & Finance 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 San Mateo County MVCD currently buying?
Explore San Mateo County MVCD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.