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FINANCIAL_SERVICESPENDING

Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28

Board to Renew Revolving Line of Credit with Hanmi Bank

Kings Valley Academy II DistrictHANMI BANKMay 22, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

Kings Valley Academy II Board will consider renewing its Revolving Line of Credit with Hanmi Bank for the 2026-2027 school year to provide cash flow support under existing terms and interest rates. The renewal would authorize continued access to credit as needed to manage the charter school's finances.

Contract Details

Vendor

HANMI BANK

Agency

Kings Valley Academy II District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 22, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

Planned renewal of existing Revolving Line of Credit for the 2026-2027 school year; terms and interest rates to remain in accordance with current RLOC agreement.

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