Board to Approve Cash-Flow Loan from LLAC
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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.
More from LIFELONG LEARNING ADMINISTRATION CORPORATION (LLAC)
More from Kings Valley Academy II District
Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28
Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28
Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28
Kings Valley Academy II Board Meeting Agenda February 2026
kings_valley_academy_ii_regular_board_meeting_agen.pdf
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