Acceptance of Deposit into the Kapiloff Land Bank Fund

The California State Lands Commission is accepting a deposit of $274,758.00 into the Kapiloff Land Bank Fund’s Special Mitigation and Management Projects account, with a designated subaccount for the Bolsa Chica Ecological Reserve in Huntington Beach, California. This financial transaction is authorized under the Kapiloff Land Bank Act and is structured as three separate installments to be made between March 2026 and October 2027, with no breakdown of individual installment amounts provided. The action is statutorily exempt from standard federal procurement requirements, including the application of Federal Acquisition Regulation clauses, and no line-item contract delivery schedules, physical goods, or performance milestones are involved. The deposit serves solely to fund ecological mitigation efforts associated with the reserve, and no invoicing method, payment office details, accounting codes, or technical specifications are outlined in the documentation. Pacific Airshow LLC is identified as the proponent, but no contracting officer, COR, or COTR is named. The notice does not include evaluation criteria, representations from the offeror, special requirements, or submission instructions, reflecting its nature as a regulatory and financial acceptance action under state law rather than a competitive procurement. All activity centers on the timely movement of funds into the designated account, with Huntington Beach serving as the place of performance and the California State Lands Commission as the approving authority.