Promissory Note with Friends of Excel Amended for Real Estate
Excel Academy Charter (District)School · East Boston, MA- Disclosed value
- 0% interest, amount up to $250,000 for due diligence plus $250,000 deposit (refundable by schedule)
- From meeting minutes
- Document date
- Sep 14, 2023
The 30-second brief
Excel Academy Rhode Island Board approved amending a promissory note with Friends of Excel to facilitate a $250,000 deposit and $250,000 for due diligence costs, with the loan maturity date extended to June 30, 2024, to support real estate acquisition efforts for the 1 Baker Street property.
Friends of Excel holds this financial services contract with Excel Academy Charter (District). Its other public contracts on record include work for Excel Academy.
Term as filed: Promissory Note maturity date extended to June 30, 2024.
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Contract details
- Contract type
- Financial Services
- Amount
- 0% interest, amount up to $250,000 for due diligence plus $250,000 deposit (refundable by schedule)
- Document date
- September 14, 2023
- Term
- Promissory Note maturity date extended to June 30, 2024
- Vendor
- Friends of Excel
- Source document
- excel-academy-charter-district-meeting-minutes-2023-09-14_e30.pdf (Meeting Minutes)
Friends of Excel's other public contracts
More Excel Academy Charter (District) contracts
Questions about this contract
Who was awarded the financial services contract by Excel Academy Charter (District)?
Friends of Excel was awarded this financial services contract by Excel Academy Charter (District), as recorded on September 14, 2023. The contract value is 0% interest, amount up to $250,000 for due diligence plus $250,000 deposit (refundable by schedule).
How much is the Friends of Excel contract with Excel Academy Charter (District) worth?
The Friends of Excel contract with Excel Academy Charter (District) is valued at 0% interest, amount up to $250,000 for due diligence plus $250,000 deposit (refundable by schedule), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in excel-academy-charter-district-meeting-minutes-2023-09-14_e30.pdf (Meeting Minutes), dated September 14, 2023 from Excel Academy Charter (District). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Friends of Excel hold?
Friends of Excel may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Excel Academy Charter (District) currently buying?
Explore Excel Academy Charter (District)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.