School Board approves $7 Million Loan to Beekman Charter
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Description
The School Board has agreed to provide support to Beekman for the financing of capital improvements to the Beekman Charter School, including (i) funding a loan (the "Loan") to Beekman for purposes of constructing of a junior high school building and related facilities, furnishings and equipment, and (ii) paying the costs of issuance of the Bonds (collectively, the "Project").
Contract Details
Contract Amount
$7,000,000
Vendor
BEEKMAN ALUMNI & FRIENDS
Agency
Morehouse Parish, LA
Contract Type
Loan
Document Date
September 4, 2025
Contract Term
25 years
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