REACH Leadership STEAM Academy Governing Board Meeting Minutes February 2026
Board Approves $1.35M Loan Amendment With CAM
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Description
The REACH Leadership STEAM Academy Governing Board approved an amendment to its 2025 loan terms with Charter Asset Management Fund, L.P. that adds a $1,350,000 one-year term loan facility. School leadership is authorized to finalize and execute all related financing documents subject to lender approval.
Contract Details
Contract Amount
$1,350,000 one-year term loan facility
Vendor
CHARTER ASSET MANAGEMENT FUND LP (CAM)
Agency
REACH Leadership STEAM Academy District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 24, 2026
Contract Term
One-year term loan facility beginning in 2026 (amendment to 2025 term loan)
Renewal Info
Amends existing 2025 term loan with a new $1,350,000 one-year term facility; future renewals or extensions would be subject to lender approval and additional Board action.
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