Mission Academy Regular Board Meeting Agenda 2026-06-05
Board to Approve Cash-Flow Loan from LLAC
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Description
Mission Academy’s board will consider approving a loan from Lifelong Learning Administration Corporation (LLAC) for the 2026-2027 school year to ensure sufficient cash flow. The borrowing would be governed by a promissory note and applicable interest rates.
Contract Details
Vendor
LIFELONG LEARNING ADMINISTRATION CORPORATION LLAC
Agency
Mission Academy District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 3, 2026
Contract Term
2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
Planned annual loan arrangement for 2026-2027 under a promissory note with LLAC; renewal or continuation in future years not specified.
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