FINANCIAL_SERVICESAPPROVED

International School of Monterey District Awards $250,000 Financial Services Contract to Pacific Valley Bank (June 2024)

The International School of Monterey Board approved establishing a $250,000 line of credit with Pacific Valley Bank to support cash flow during state funding deferrals. The responsibility for loan repayment lies solely with ISM, not the district. The contract is effective July 1, 2013, and is being continued for 2024-2025.

Status
APPROVED
Document date
June 11, 2024
Contract type
FINANCIAL_SERVICES
Vendor
Pacific Valley Bank
Agency
International School of Monterey District · CA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$250,000
Contract type
FINANCIAL_SERVICES
Renewal
Resolution periodically reaffirmed to maintain access to line of credit for cash flow purposes. Renewed per board action as needed.
Document type
Agenda
Source document
international-school-of-monterey-board-meeting-agenda-june-11-2024_c9f.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by International School of Monterey District?

Pacific Valley Bank was awarded this financial services contract by International School of Monterey District, as recorded on June 11, 2024. The contract value is $250,000.

How much is the Pacific Valley Bank contract with International School of Monterey District worth?

The Pacific Valley Bank contract with International School of Monterey District is valued at $250,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in international-school-of-monterey-board-meeting-agenda-june-11-2024_c9f.pdf (Agenda), dated June 11, 2024 from International School of Monterey District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pacific Valley Bank hold?

Pacific 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.

View Pacific Valley Bank's profile

What is International School of Monterey District currently buying?

Explore International School of Monterey District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View International School of Monterey District's profile

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