Board Approves Line of Credit with River City Bank
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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.
More from RIVER CITY BANK
More from Ocean Grove Charter District
ocean-grove-charter-district-agenda-2024-05-29_117.pdf
ocean-grove-charter-district-agenda-2024-05-29_117.pdf
ocean-grove-charter-district-meeting-minutes-2024-05-29_c8a.pdf
ocean-grove-charter-district-meeting-minutes-2024-02-21_7bb.pdf
ocean-grove-charter-district-agenda-2024-02-21_93a.pdf
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