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Mayor's Office

City loan for a property on California Street

Original title: “MYR-350 California Street”

$5.1M
paid on this contract in FY2026
$11.5M paid so far, of $24.1M agreed · runs to May 2083
April 10, 2026May 12, 2083
running

Paid to

Balboa Gateway LPprime contractor$11.5M

Paid from, FY2026

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 fund74%$3.8M
Special revenue fund · multi-year projects26%$1.3M

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentCity loan for 1652 Sunnydale Ave30th of 518 active contracts in this department by amount agreed$23.2M

Contract 1000038474 · Source: Supplier Contracts · every payment on this contract