District Closes Banner Bank Capital Financing Agreement

Trabuco Canyon Water District closed an Installment Purchase Agreement with Banner Bank for capital project financing on August 27, 2026. The financing supports eligible capital improvement projects, with $2.469 million received to reimburse prior spending and an additional $2.086 million advance.

Document date · October 4, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$20.5 million loan capacity

Contract type

FINANCIAL_SERVICES

Contract term

Closed August 27, 2026; semiannual debt service payments due in December and June

Renewal

Debt service payments are scheduled semiannually in December and June; no renewal or extension terms were stated.

Document type

AgendaPacket

Source document

Trabuco Canyon Water District AgendaPacket Finance/Audit Committee Meeting 2026-10-08

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Trabuco-Canyon Water District?

Banner Bank was awarded this financial services contract by Trabuco-Canyon Water District, as recorded on October 4, 2026. The contract value is $20.5 million loan capacity.

How much is the Banner Bank contract with Trabuco-Canyon Water District worth?

The Banner Bank contract with Trabuco-Canyon Water District is valued at $20.5 million loan capacity, 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 Trabuco Canyon Water District AgendaPacket Finance/Audit Committee Meeting 2026-10-08 (AgendaPacket), dated October 4, 2026 from Trabuco-Canyon Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Banner Bank hold?

Banner Bank 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 Banner Bank's profile

What is Trabuco-Canyon Water District currently buying?

Explore Trabuco-Canyon Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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