FINANCIAL_SERVICESAPPROVED

Aspire Gateway Academy Charter District Awards Financial Services Contract to Umpqua Bank (September 2026)

Aspire Public Schools authorized a full guaranty for Aspire Los Angeles's revolving line of credit with Umpqua Bank. The credit facility may provide up to $8 million for startup and transition costs, with borrowing available through June 30, 2027, and maturity no later than July 1, 2027.

Document date · September 17, 2026

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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
Maximum principal amount not to exceed $8,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Available for borrowing through June 30, 2027; matures no later than July 1, 2027
Renewal date
2027-07-01
Renewal
No renewal option is stated. Any extension beyond July 1, 2027, increase in the maximum principal amount, or material change to the guaranty requires prior written Board or Executive Committee approval.
Document type
Resolution
Source document
Aspire Public Schools Resolution Board Resolution #2026-37 Line of Credit Guaranty 2026-09-17

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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 Gateway Academy Charter District?

Umpqua Bank was awarded this financial services contract by Aspire Gateway Academy Charter District, as recorded on September 17, 2026. The contract value is Maximum principal amount not to exceed $8,000,000.

How much is the Umpqua Bank contract with Aspire Gateway Academy Charter District worth?

The Umpqua Bank contract with Aspire Gateway Academy Charter District is valued at Maximum principal amount not to exceed $8,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Aspire Public Schools Resolution Board Resolution #2026-37 Line of Credit Guaranty 2026-09-17 (Resolution), dated September 17, 2026 from Aspire Gateway Academy Charter District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Umpqua Bank hold?

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

View Umpqua Bank's profile

What is Aspire Gateway Academy Charter District currently buying?

Explore Aspire Gateway Academy Charter District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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