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FINANCIAL_SERVICESPENDING

Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28

Board to Approve Cash-Flow Loan from LLAC

Kings Valley Academy II DistrictLIFELONG LEARNING ADMINISTRATION CORPORATION (LLAC)May 22, 2026

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Description

Kings Valley Academy II Board will consider approving a loan from Lifelong Learning Administration Corporation (LLAC) for the 2026-2027 school year to ensure adequate cash flow under specified promissory note terms and interest rates. The authorization would allow the school to borrow funds as needed during the fiscal year.

Contract Details

Vendor

LIFELONG LEARNING ADMINISTRATION CORPORATION (LLAC)

Agency

Kings Valley Academy II District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 22, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

New or renewed borrowing authorization for 2026-2027 school year; details governed by promissory note including interest rate and repayment terms.

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