Washington Township Health Care District Board of Directors Meeting Agenda February 2026
$20 Million Credit Line Approved with Fremont Bank
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Description
Washington Township Health Care District authorized a $20 million line of credit and loan agreement with Fremont Bank. The Board approved the resolution, allowing the CEO and CFO to execute the necessary documents, subject to Board approval for future increases in the principal amount.
Contract Details
Contract Amount
$20,000,000
Vendor
FREMONT BANK
Agency
Washington Hospital, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 25, 2026
Renewal Info
Renewal or amendment of loan documents (including term extensions) may be executed by CEO/CFO if approved by the bank, but increases in principal require separate Board approval.
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