FINANCIAL_SERVICESAPPROVED

International School of Monterey District Awards $350,000 Financial Services Contract to Pacific Valley Bank (June 2025)

The ISM Board of Trustees approved Resolution 2506-02 authorizing the Head of School to secure a $350,000 revolving line of credit from Pacific Valley Bank effective July 1, 2025. The facility is intended to address state revenue deferrals and will be solely the responsibility of the school.

Status
APPROVED
Document date
June 10, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Pacific Valley Bank
Agency
International School of Monterey District · CA

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$350,000
Contract type
FINANCIAL_SERVICES
Contract term
Effective July 1, 2025; revolving line of credit term not specified
Renewal
Resolution specifies a revolving line of credit; specific maturity date is not provided and future renewals will require further board action per the MOU and bank terms.
Document type
Agenda
Source document
international-school-of-monterey-board-meeting-agenda-june-10-2025_526.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by International School of Monterey District?

Pacific Valley Bank was awarded this financial services contract by International School of Monterey District, as recorded on June 10, 2025. The contract value is $350,000.

How much is the Pacific Valley Bank contract with International School of Monterey District worth?

The Pacific Valley Bank contract with International School of Monterey District is valued at $350,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in international-school-of-monterey-board-meeting-agenda-june-10-2025_526.pdf (Agenda), dated June 10, 2025 from International School of Monterey District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pacific Valley Bank hold?

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

View Pacific Valley Bank's profile

What is International School of Monterey District currently buying?

Explore International School of Monterey District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View International School of Monterey District's profile

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