School Discusses NBH Bank Construction Financing
Cottonwood Classical PrepSchool · Albuquerque, NM- Disclosed value
- Approximately $18 million outstanding on existing $21 million bond series; proposed construction loan would add approximately $20,000 per month in debt service
- From transcript
- Document date
- Apr 29, 2025
- Renews
- Free account
The 30-second brief
Cottonwood Classical Preparatory School continues its bond-financing relationship with NBH Bank and discussed a potential direct construction loan. The proposed loan would finance the modular building and add approximately $20,000 per month in debt service before a possible future refinancing.
Nbh Bank holds this financial services contract with Cottonwood Classical Prep. Its other public contracts on record include work for Division of Banking and Thomas Edison Charter Schools.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $18 million outstanding on existing $21 million bond series; proposed construction loan would add approximately $20,000 per month in debt service
- Document date
- April 29, 2025
- Term
- Existing bond financing; proposed direct construction loan with 25-year amortization
- Renews
- Free account
- Vendor
- Nbh Bank
- Source document
- Cottonwood Classical Preparatory School Transcript Budget Calendar GC Meeting 2025-04-29 (Transcript)
Nbh Bank's other public contracts
More Cottonwood Classical Prep contracts
Questions about this contract
Who was awarded the financial services contract by Cottonwood Classical Prep?
Nbh Bank was awarded this financial services contract by Cottonwood Classical Prep, as recorded on April 29, 2025. The contract value is Approximately $18 million outstanding on existing $21 million bond series; proposed construction loan would add approximately $20,000 per month in debt service.
How much is the Nbh Bank contract with Cottonwood Classical Prep worth?
The Nbh Bank contract with Cottonwood Classical Prep is valued at Approximately $18 million outstanding on existing $21 million bond series; proposed construction loan would add approximately $20,000 per month in debt service, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a transcript record.
Where was this contract approved?
This contract appears in Cottonwood Classical Preparatory School Transcript Budget Calendar GC Meeting 2025-04-29 (Transcript), dated April 29, 2025 from Cottonwood Classical Prep. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Nbh Bank hold?
Nbh 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.
What is Cottonwood Classical Prep currently buying?
Explore Cottonwood Classical Prep's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.