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Mayor's Office

City loan for Ambassador Ritz

Original title: “MYR Ambassador Ritz”

$12.3M
paid on this contract in FY2024
$12.3M paid so far, of $12.3M agreed · runs to May 2039
August 13, 2021May 7, 2039
running

Paid to

Ambassador Ritz 4 Percent LPprime contractor$12.3M

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.

Special revenue fund · multi-year projects100%$12.3M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for 4200 Geary69th of 518 active contracts in this department by amount agreed$12.2M

Contract 1000032799 · Source: Supplier Contracts · every payment on this contract