Assurance Learning Academy Regular Board Meeting Agenda 2026-06-04
Board to Approve Cash-Flow Loan from LLAC
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Description
Assurance Learning Academy will consider authorizing a loan from Lifelong Learning Administration Corporation (LLAC) for the 2026-2027 school year to ensure adequate cash flow. The borrowing would be governed by a promissory note and applicable interest rates.
Contract Details
Vendor
LIFELONG LEARNING ADMINISTRATION CORPORATION (LLAC)
Agency
Assurance Learning Academy District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 30, 2026
Contract Term
2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
New or renewed borrowing arrangement via promissory note with LLAC for 2026-2027 to provide cash-flow support as needed.
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