Harmony Public Schools Board Resolution February 2026
$14 Million EagleBank Loan Approved for DC Acquisition
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Description
Harmony DC was authorized to obtain up to $14 million from EagleBank as a taxable bridge loan to support the DC campus acquisition. The loan approval is based on the final commitment letter.
Contract Details
Contract Amount
Up to $14,000,000 (taxable bridge loan)
Vendor
EAGLEBANK
Agency
Harmony Public Schools - Houston West, TX
Contract Type
FINANCIAL_SERVICES
Document Date
February 28, 2026
Renewal Info
Loan planned to be refinanced by tax-exempt bonds; temporary funding mechanism.
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