Wastewater loan with IBank
Olivenhain Municipal Water DistrictCalifornia- Detected
- Oct 14, 2026
- 20 days ago
- Sector
- Utilities
- Est. value
- Free account
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From the meeting
The board considered a resolution to authorize an installment sale agreement with the California Infrastructure and Economic Development Bank (IBank) for wastewater capital projects. 5 million in financing, with final approval expected from IBank on October 28, 2026 and closing targeted for November 2026. This is a financing trigger for wastewater capital work and a clear signal for firms tied to project delivery and compliance.
The agreement also requires ongoing reporting and rate covenant compliance.
- Meeting date
- October 14, 2026
- Agency
- Olivenhain Municipal Water District
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