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FINANCIAL_SERVICESAPPROVED

Voices College-Bound Language Academies Resolution Approval of 2026 Bank Financing 2026-06-04

Voices Academies Approves $16.75M Financing With Tri Counties

Not to exceed $16,750,000Voices College-Bound Language Academy DistrictTRI COUNTIES BANKJune 4, 2026

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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

Voices College-Bound Language Academies’ board approved a bank financing package with Tri Counties Bank for up to $16.75 million to fund acquisition, construction, renovation, and equipping of its Morgan Hill and Richmond school facilities. The loan will be secured by deeds of trust on the school sites, pledged revenues, and a state apportionment intercept, with accounts maintained at the bank.

Contract Details

Contract Amount

Not to exceed $16,750,000

Vendor

TRI COUNTIES BANK

Agency

Voices College-Bound Language Academy District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 4, 2026

Contract Term

Loan and related documents anticipated to be dated as of June 30, 2026; specific maturity schedule not stated

Renewal Info

Single bank loan facility documented by Loan Agreement, Promissory Note, Deeds of Trust, Security Agreement, Environmental Indemnity Agreement, Guaranty, and related documents; no explicit renewal or extension options stated in the resolution.

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