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FINANCIAL_SERVICESAPPROVED

Sonoma Valley Hospital Awards $1,500,000 Financial Services Contract to Sonoma County Treasury (March 2019)

The Sonoma Valley Health Care District approved issuance of a $1,500,000 Parcel Tax Revenue Anticipation Note, Series 2019, purchased by Sonoma County Treasury at 2.80% interest and maturing May 31, 2019, to finance prior and ongoing operations until parcel tax revenues are received. Repayment will be made from FY 2018–2019 parcel tax proceeds, with early redemption allowed without premium.

Document date · March 22, 2019

Issuing agencySonoma Valley HospitalVendorSonoma County Treasury

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Scope & details

The full contract record, as filed.

Contract amount
$1,500,000.00
Contract type
FINANCIAL_SERVICES
Contract term
March 22, 2019 – May 31, 2019
Renewal date
2019-05-31
Renewal
Single short-term note with maturity on May 31, 2019; no renewal or extension provisions are stated, but the note may be redeemed early without premium upon receipt of parcel tax proceeds.
Document type
Agenda
Source document
sonoma-valley-hospital-board-agenda-special-session-3-22-19_2c4.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sonoma Valley Hospital?

Sonoma County Treasury was awarded this financial services contract by Sonoma Valley Hospital, as recorded on March 22, 2019. The contract value is $1,500,000.00.

How much is the Sonoma County Treasury contract with Sonoma Valley Hospital worth?

The Sonoma County Treasury contract with Sonoma Valley Hospital is valued at $1,500,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in sonoma-valley-hospital-board-agenda-special-session-3-22-19_2c4.pdf (Agenda), dated March 22, 2019 from Sonoma Valley Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sonoma County Treasury hold?

Sonoma County Treasury 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 Sonoma County Treasury's profile

What is Sonoma Valley Hospital currently buying?

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