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FINANCIAL_SERVICESPENDING

Marconi Learning Academy Regular Board Meeting Agenda 2026-05-29

Board to renew Hanmi Bank revolving credit line

Marconi Learning Academy DistrictHANMI BANKMay 23, 2026

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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
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Marconi Learning Academy’s board will consider renewing its revolving line of credit with Hanmi Bank for the 2026-2027 school year to support cash flow needs under existing RLOC terms and applicable interest rates. The agenda does not list the credit limit or rate but frames the renewal as a necessary financial tool for operations.

Contract Details

Vendor

HANMI BANK

Agency

Marconi Learning Academy District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 23, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

Planned renewal of existing Revolving Line of Credit with Hanmi Bank for the 2026-2027 school year; terms and interest rates to follow existing or negotiated RLOC provisions.

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