CCA money · City
Irvine
Member of Orange County Power Authority since 2022-04 — source.
All Irvine City Council meetings.
Read from the councils' own documents — check the source. Each figure was copied from a staff report, budget, financial statement or set of minutes, by a person or by a language model whose quote had to be found word for word in the document. Every figure links to the passage it came from; the city's original file is the official record. Updated 2026-10-20.
7figures
Loans, collateral and repayments
| Date | CCA | Kind | Figure | What it is | Source |
|---|---|---|---|---|---|
| 2026-06-16 | Orange County Power Authority | Repaid to city | $107 city receives | OCPA FY2026/27 budget (figures in thousands): $107 thousand of interest left on Irvine's loan, to be fully paid off by January 2027. | passage · city original |
| 2025-11-12 | Orange County Power Authority | Repaid to city | $7 million dollars city receives | Buena Park minutes on OCPA's Nov 10, 2025 board: OCPA began repaying Irvine's $7 million initial investment. | passage · city original |
| 2024-10-01 | Orange County Power Authority | Repaid to city | $2,762,500.00 city receives | Loan schedule: $2,500,000 pre-launch loan at an estimated 1.75%, with $2,762,500.00 due back to Irvine on Jan 1, 2027. | passage · city original |
| 2024-10-01 | Orange County Power Authority | Loan / transfer to CCA | approximately $2,500,000 city pays | Capital Loan Agreement: Irvine lends OCPA its pre-launch costs, approximately $2,500,000, repayable contingent on OCPA's launch. | passage · city original |
| 2024-10-01 | Orange County Power Authority | Loan / transfer to CCA | $250,000 city pays | 2020 Capital Loan Agreement (reproduced in Fountain Valley's packet): Irvine advances OCPA's formation costs, $250,000. | passage · city original |
| 2024-10-01 | Orange County Power Authority | Collateral | between $2,000,000 to $5,000,000 city pays | Capital Loan Agreement: Irvine to post cash collateral of $2,000,000–$5,000,000 for an additional $8,000,000–$20,000,000 OCPA credit facility. | passage · city original |
| 2022-09-06 | Orange County Power Authority | Loan / transfer to CCA | some $7.5 million city pays | OC Grand Jury: Irvine has put some $7.5 million into OCPA, to be repaid from 2027 if OCPA stays viable; other members bear no such risk. | passage · city original |