District To Finalize Loan With Cashmere Valley Bank

Ashland School District plans to enter into a Full Faith and Credit Loan agreement with Cashmere Valley Bank on a seven-year term at a 6.5% interest rate, with no penalty for early repayment. The Director of Business Services will confirm final acceptance and absence of objections to the term before executing the loan.

Document date · November 13, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Seven-year term

Renewal

Initial seven-year loan term for a Full Faith and Credit financing; no mention of renewal or extension options.

Document type

Minutes

Source document

Ashland School District Board Minutes November 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Ashland School District 5?

Cashmere Valley Bank was awarded this financial services contract by Ashland School District 5, as recorded on November 13, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Ashland School District Board Minutes November 2025 (Minutes), dated November 13, 2025 from Ashland School District 5. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cashmere Valley Bank hold?

Cashmere Valley Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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