Cole Academy Board Minutes December 2025
Horizon Bank Loan Approved to Refinance Debt
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Description
Cole Academy’s board authorized a refunding bond issue to secure a Horizon Bank loan that will refinance its existing debt with Dart Bank. The resolution restructures the academy’s financing through Horizon Bank.
Contract Details
Vendor
HORIZON BANK
Agency
Cole Academy, MI
Contract Type
FINANCIAL_SERVICES
Document Date
December 3, 2025
Renewal Info
New financing relationship with Horizon Bank is created via refunding bonds to replace the prior Dart Bank loan; detailed amortization or maturity schedule not provided in the minutes.
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