magnolia-science-academy-districtmeeting-minutes2025-03-13_9bb.pdf
Magnolia Science Academy loans funds to educational foundation.
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Description
Magnolia Science Academy-8 will lend money to Magnolia Educational & Research Foundation (MERF) to support the acquisition of the property at 412 W Carl Karcher Way. The loan will be repaid within one year at a 4% interest rate.
Contract Details
Contract Amount
NA
Vendor
MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATION
Agency
Magnolia Science Academy District, CA
Contract Type
Intra-company Loan
Document Date
March 13, 2025
Contract Term
1 year
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