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FINANCIAL_SERVICESAPPROVED

ocean-grove-charter-district-meeting-minutes-2024-05-29_c8a.pdf

Board Approves Line of Credit with River City Bank

Ocean Grove Charter DistrictRIVER CITY BANKMay 29, 2024

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

Description

Ocean Grove Charter School Board approved a new 2-year line of credit agreement with River City Bank for cash flow protection, emphasizing this was a proactive financial safeguard.

Contract Details

Vendor

RIVER CITY BANK

Agency

Ocean Grove Charter District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 29, 2024

Contract Term

2 years

Renewal Date

2026-05-29

Renewal Info

No explicit renewal or extension terms disclosed. Two-year term as of board approval on May 29, 2024.

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