County Offers San Simeon $400,000 Emergency Project Credit Line
San Simeon Community Services DistrictSpecial District · San Simeon, CA- Disclosed value
- Credit Line up to $400,000.00; advances limited to $100,000.00 per advance
- From agreement
- Document date
- Nov 2, 2026
- Renews
- Free account
The 30-second brief
San Simeon Community Services District staff recommended approving a Project Funding Agreement and Promissory Note with the County of San Luis Obispo for an interest-free line of credit of up to $400,000. The financing will cover emergency ocean outfall repair costs until state grant reimbursements are received, with advances available through November 1, 2027 and repayment due no later than June 30, 2028.
County of San Luis Obispo holds this financial services contract with San Simeon Community Services District. Its other public contracts on record include work for Oceano Community Services District and Department of Finance | State of California.
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Contract details
- Contract type
- Financial Services
- Amount
- Credit Line up to $400,000.00; advances limited to $100,000.00 per advance
- Document date
- November 2, 2026
- Term
- Advances available through November 1, 2027; maturity no later than June 30, 2028
- Renews
- On record
- Source document
- San Simeon Community Services District Agreement Project Funding Agreement and Promissory Note with County of San Luis Obispo 2026-11-02 (Agreement)
County of San Luis Obispo's other public contracts
More San Simeon Community Services District contracts
Questions about this contract
Who was awarded the financial services contract by San Simeon Community Services District?
County of San Luis Obispo was awarded this financial services contract by San Simeon Community Services District, as recorded on November 2, 2026. The contract value is Credit Line up to $400,000.00; advances limited to $100,000.00 per advance.
How much is the County of San Luis Obispo contract with San Simeon Community Services District worth?
The County of San Luis Obispo contract with San Simeon Community Services District is valued at Credit Line up to $400,000.00; advances limited to $100,000.00 per advance, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record.
Where was this contract approved?
This contract appears in San Simeon Community Services District Agreement Project Funding Agreement and Promissory Note with County of San Luis Obispo 2026-11-02 (Agreement), dated November 2, 2026 from San Simeon Community Services District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does County of San Luis Obispo hold?
County of San Luis Obispo 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 Simeon Community Services District currently buying?
Explore San Simeon Community Services District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.