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Central Valley School District Awards $1,500,000 Interfund Loan Contract to Capital Projects Fund (January 2025)

Central Valley School District
Disclosed value
$1,500,000
From meeting minutes
Approved
Jan 6, 2025
Term
Until May 31, 2025

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THE 30-SECOND BRIEF

What it covers

Central Valley School District has approved Resolution 25-01, authorizing a temporary interfund loan not to exceed $1,500,000 from the Capital Projects Fund to the General Fund to meet temporary cash flow needs. The loan, acting as a line of credit, requires full repayment with interest by May 31, 2025.

Who holds it

Capital Projects Fund holds this interfund loan contract with Central Valley School District. Its other public contracts on record include work for Kearsley Community School District.

What happens next

Term as filed: Until May 31, 2025.

Contract details

Contract type
Interfund Loan
Amount
$1,500,000
Document date
January 6, 2025
Term
Until May 31, 2025
Vendor
Capital Projects Fund
Agency
Central Valley School District
Source document
central-valley-school-district-meeting-minutes-2025-01-06_a57.txt (Meeting Minutes)

Capital Projects Fund's other public contracts

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Questions about this contract

Who was awarded the interfund loan contract by Central Valley School District?

Capital Projects Fund was awarded this interfund loan contract by Central Valley School District, as recorded on January 6, 2025. The contract value is $1,500,000.

How much is the Capital Projects Fund contract with Central Valley School District worth?

The Capital Projects Fund contract with Central Valley School District is valued at $1,500,000, covering interfund loan work.

What type of contract is this?

This is a Interfund Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in central-valley-school-district-meeting-minutes-2025-01-06_a57.txt (Meeting Minutes), dated January 6, 2025 from Central Valley School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Capital Projects Fund hold?

Capital Projects Fund may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Central Valley School District currently buying?

Explore Central Valley School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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