Marconi Learning Academy Regular Board Meeting Agenda 2026-05-29
Board to approve LLAC cash flow loan
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Description
The board will consider approving a cash flow loan from Lifelong Learning Administration Corporation for the 2026-2027 school year, to be governed by promissory note terms and applicable interest rates. The planned borrowing is intended to ensure adequate operating liquidity.
Contract Details
Vendor
LIFELONG LEARNING ADMINISTRATION CORPORATION (LLAC)
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
New or renewed loan arrangement with LLAC for 2026-2027 based on a promissory note; details on renewal options are not provided in the agenda.
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