Civic IQ
FINANCIAL_SERVICESAPPROVED

Maria Montessori Charter Academy Board of Directors Meeting Minutes April 2026

Board Approves $75,000 Zero-Interest Loan from CCSA

$75,000Maria Montessori Charter Academy DistrictCALIFORNIA CHARTER SCHOOL ASSOCIATION CCSAApril 27, 2026

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Description

The Board approved an agreement with the California Charter School Association for a $75,000 zero-interest loan to support legal expenses, to be repaid over 24 months. The funds are intended to assist with anticipated litigation matters involving the school.

Contract Details

Contract Amount

$75,000

Vendor

CALIFORNIA CHARTER SCHOOL ASSOCIATION CCSA

Agency

Maria Montessori Charter Academy District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

April 27, 2026

Contract Term

24 months at zero interest

Renewal Info

Fixed-term $75,000 loan to be repaid over 24 months at zero interest; no renewal terms mentioned.

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