Tesoro Highlands acquisition funding agreement
Santa Clarita Valley Water AgencyCalifornia- Detected
- Oct 22, 2026
- 12 days ago
- Sector
- Capital Projects
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From the meeting
At its October 20, 2026 meeting, the board approved an Acquisition Funding Agreement tied to CMFA BOLD financing for the Tesoro Highlands project. The Santa Clarita Valley Water Agency will receive a portion of CFD bond proceeds to fund public improvements, and the general manager was authorized to execute the agreement. The project matters because the developer-side financing path is now set, which can drive downstream utility and infrastructure coordination.
- Meeting date
- October 22, 2026
- Agency
- Santa Clarita Valley Water Agency
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