FINANCIAL_SERVICESPENDING

District plans Umpqua loan for merger construction

The Aspire Stockton 6-12 Secondary Academy District is proposing to enter into a 10-year construction financing loan with Umpqua to fund ACA/ATTA merger construction costs up to $2.5 million at an estimated 6.14% interest rate. The financing is contingent on executing a long-term lease with the Diocese for the current school site.

Status
PENDING
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
UMPQUA
Agency
Aspire Stockton 6-12 Secondary Academy District · CA

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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

Scope & details

The full contract record, as filed.

Contract amount
up to $2.5M
Contract type
FINANCIAL_SERVICES
Contract term
10-year term loan at an estimated 6.14% interest rate
Renewal
Single 10-year financing term; no renewal terms mentioned. Final approval depends on execution of a long-term lease of at least 10 years with the Diocese.
Document type
Proposal
Source document
Aspire Stockton 6-12 Secondary Academy District Proposal Aspire College Academy & Aspire Triumph Technology Academy Merger Construction 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Aspire Stockton 6-12 Secondary Academy District?

UMPQUA was awarded this financial services contract by Aspire Stockton 6-12 Secondary Academy District, as recorded on July 20, 2026. The contract value is up to $2.5M.

How much is the UMPQUA contract with Aspire Stockton 6-12 Secondary Academy District worth?

The UMPQUA contract with Aspire Stockton 6-12 Secondary Academy District is valued at up to $2.5M, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Aspire Stockton 6-12 Secondary Academy District Proposal Aspire College Academy & Aspire Triumph Technology Academy Merger Construction 2026-07-20 (Proposal), dated July 20, 2026 from Aspire Stockton 6-12 Secondary Academy District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does UMPQUA hold?

UMPQUA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Aspire Stockton 6-12 Secondary Academy District currently buying?

Explore Aspire Stockton 6-12 Secondary Academy District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Aspire Stockton 6-12 Secondary Academy District's profile

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