gem-city-career-prep-high-schoolmeeting-minutes2025-04-17_b72.txt
Gem Prep: Rexburg seeks $700,000 pre-development loan
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Description
Gem Prep: Rexburg is seeking a short-term, pre-development loan from Bank of Commerce, guaranteed by BLUUM, up to the amount of $700,000, to fund the cost of permitting, architectural & general contractor services, earnest money payments, and other due diligence fees necessary before our permanent long-term financing is put in place.
Contract Details
Contract Amount
$700,000
Vendor
BANK OF COMMERCE
Agency
Gem City Career Prep High School, OH
Contract Type
Loan
Document Date
April 17, 2025
Contract Term
Short-term
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