Olney-Hamilton Hospital Board of Directors Meeting Minutes May 2024
Board Renews $1.8M Credit Line with First State
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Description
The Olney-Hamilton Hospital Board renewed a $1,800,000 line of credit with First State Bank of Graham, TX at a fixed rate of 6.75% for a 12‑month term. The renewal of Note #91097 was unanimously approved by the board.
Contract Details
Contract Amount
$1,800,000
Vendor
FIRST STATE BANK OF GRAHAM TX
Agency
Hamilton Hospital, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 24, 2024
Contract Term
12 months
Renewal Info
Line of credit Note #91097 renewed for 12 months at a fixed rate of 6.75%. Future renewal provisions are not detailed in the minutes.
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