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FINANCIAL_SERVICESAPPROVED

paducah_board_of_education_special_meeting_minutes.pdf

CFSB Line of Credit Approved for Head Start Property

$500,000.00Paducah Independent School DistrictCFSBDecember 15, 2025

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

The Paducah Board of Education approved a $500,000 line of credit with CFSB to support property acquisition for the new Paducah Head Start Preschool. The Superintendent is authorized to draw on the line for option fees and refundable earnest money deposits subject to Board and KDE approval of any purchase contracts.

Contract Details

Contract Amount

$500,000.00

Vendor

CFSB

Agency

Paducah Independent School District, KY

Contract Type

FINANCIAL_SERVICES

Document Date

December 15, 2025

Renewal Info

Line of credit terms and renewal provisions are not specified in the minutes; likely governed by the underlying banking agreement with CFSB.

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