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City loan for Building E at Balboa Reservoir

Original title: “MYR Balboa Reservoir Bldg E”

$1.5M
paid on this contract in FY2025
$2.0M paid so far, of $2.0M agreed · runs to March 2082
March 18, 2025March 18, 2082
running

Paid to

Balboa Lee Avenue L.P.prime contractor$2.0M

Paid from, FY2025

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%$1.5M

Paid year by year, FY2025–FY2026

FY2026$459,909
FY2025$1.5M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for Maceo May apartments250th of 518 active contracts in this department by amount agreed$2.0M

Contract 1000035828 · Source: Supplier Contracts · every payment on this contract