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Line of Creditapproved

new-london-school-districtmeeting-minutes2024-10-23_d62.pdf

New London Schools secure $3.7M line of credit

$3,700,000New London School DistrictFIRST STATE BANKOctober 23, 2024

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

Description

New London School District approves a line of credit with First State Bank, not to exceed $3,700,000, to provide cash flow for operational expenses and potential investment opportunities during the 2024-25 school year.

Contract Details

Contract Amount

$3,700,000

Vendor

FIRST STATE BANK

Agency

New London School District, WI

Contract Type

Line of Credit

Document Date

October 23, 2024

Contract Term

NA

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