frazer-high-school-district-agenda-2025-06-23_ee6.pdf
District Considers $2.5M Loan from Somerset Trust
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Description
Frazier School District considers a $2.5 million Tax Anticipation Note (TAN) from Somerset Trust Company with a 5.275% interest rate. The TAN will help manage cash flow during the fiscal year.
Contract Details
Contract Amount
$2,500,000
Vendor
SOMERSET TRUST
Agency
Frazer High School District, MT
Contract Type
Loan
Document Date
June 23, 2025
Contract Term
NA
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frazer-high-school-district-agenda-2025-06-23_ee6.pdf
frazer-high-school-district-agenda-2025-06-23_ee6.pdf
frazer-high-school-district-agenda-2025-06-23_ee6.pdf
frazer-high-school-district-agenda-2025-06-23_ee6.pdf
frazer-high-school-district-agenda-2025-06-23_ee6.pdf
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