Desert Sands Charter High School Board Meeting Minutes March 2026
Board Reviews Hanmi Bank Revolving Credit Line
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Description
Desert Sands Charter High School received a finance update on its existing revolving line of credit with Hanmi Bank, currently carrying a 7.5% interest rate. The board reviewed the credit usage, covenants, and expiration timeline as part of the school’s ongoing financial oversight.
Contract Details
Vendor
HANMI BANK
Agency
Desert Sands Charter District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 3, 2026
Contract Term
Revolving line of credit, expiration date not specified
Renewal Info
Existing revolving line of credit with Hanmi Bank remains active; specific renewal or expiration date was discussed but not recorded in the minutes.
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Desert Sands Charter High School Board Meeting Minutes March 2026
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