Meeting

Tuesday, June 23, 2026---City of San Luis Facility Development Corporation

Body

City of San Luis

Date

June 22, 2026

Jurisdiction

State & Local

🏗️ Construction & Infrastructure 💼 Professional Services Physical Infrastructure Contracting Vehicles

The City of San Luis Facility Development Corporation held a meeting on June 23, 2026, focusing primarily on financial and operational issues related to the San Luis Regional Detention Support Center. Key procurement-related discussions included approving a first amendment to the amended and restated agreement with US Bank Trust Company and LaSalle Corrections to extend the forbearance of bonds until April 2027. This amendment addressed the financial challenges faced by the facility operator, LaSalle Corrections, allowing continued operation under revised debt service terms to avoid closure and preserve bondholder interests. Additionally, the board approved a resolution authorizing the conveyance of a permanent easement to the City of San Luis to facilitate water system improvements near the detention facility, supporting infrastructure expansion and connectivity. Motions to approve both resolutions were passed unanimously, reflecting coordinated efforts to maintain facility operations and support community infrastructure.

Source

City of San Luis