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Mayor's Office

Mayor's Office grant for 300 Ocean Ave

Original title: “MYR 300 Ocean Ave” · nonprofit contractor

$5.6M
paid on this contract in FY2024
$5.6M paid so far, of $5.6M agreed · runs to April 2064
February 21, 2024April 1, 2064
running

Paid to

MEDA Small Properties LLCprime contractor$5.6M

Paid from, FY2024

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. A special revenue fund holds money earmarked for a purpose, often grants. The fund does not say where the money first came from.

General Fund · multi-year projects53%$3.0M
Special revenue fund · multi-year projects47%$2.6M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity housing loan for 150 9th Street129th of 518 active contracts in this department by amount agreed$5.4M

Contract 1000032302 · Source: Supplier Contracts · every payment on this contract