IBank Loan Profile: City of Escondido

City of Escondido

LOCATION: Escondido, CA

AMOUNT APPROVED: $15,000,000 – ISRF

DATE ISSUED: July 31, 2019

ABOUT: The City of Escondido will use the financing to provide a more reliable and efficient water and storage system to its residents, businesses and farmers. In an attempt to improve the safety, reliability and quality of water, the City will remove and replace a 2-million-gallon reservoir tank with two 1.5 million-gallon partially submerged water tanks along with associated improvements for the north San Diego County region.