Gem Prep: Rexburg seeks $700,000 pre-development loan

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.

Scope & details

The full contract record, as filed.

Contract amount

$700,000

Contract type

Loan

Contract term

Short-term

Document type

Meeting Minutes

Source document

gem-city-career-prep-high-schoolmeeting-minutes2025-04-17_b72.txt

Related contracts

Other contracts from Bank of Commerce.

View all →

City of Wellington Council Agenda Packet 2026-08-04

ONGOING

City of Wellington, Texas$9,511.05Aug 4, 2026

West Jefferson School District Agenda Item Bank of Commerce Fundraising Debit Card Program 2026-07-26

PENDING

West Jefferson School District 253, IdahoMinimum annual contribution of $1,000, with additional revenue based on debit card transactionsJul 26, 2026

City of Rawlins Cash Management and Investment Policy 2026-07-23

ONGOING

City of Rawlins, WyomingJul 23, 2026

Elevate District StaffReport Short-Term Pre-Development Loan 2026-07-23

PENDING

Elevate District, CaliforniaUp to $700,000Jul 23, 2026

Butte County Air Quality Management District Governing Board Agenda Packet 2026-07-23

APPROVED

Butte County Air Quality Management District, CaliforniaJul 22, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the loan contract by Gem City Career Prep High School?

Bank of Commerce was awarded this loan contract by Gem City Career Prep High School, as recorded on April 17, 2025. The contract value is $700,000.

How much is the Bank of Commerce contract with Gem City Career Prep High School worth?

The Bank of Commerce contract with Gem City Career Prep High School is valued at $700,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in gem-city-career-prep-high-schoolmeeting-minutes2025-04-17_b72.txt (Meeting Minutes), dated April 17, 2025 from Gem City Career Prep High School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Commerce hold?

Bank of Commerce may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Bank of Commerce's profile

What is Gem City Career Prep High School currently buying?

Explore Gem City Career Prep High School's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Gem City Career Prep High School's profile