Washington Township Health Care District Board of Directors Meeting January 2026
$20M Line of Credit Approved with Fremont Bank
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Description
The Washington Township Health Care District Board approved entering into a $20,000,000 line of credit and loan agreement with Fremont Bank. The CEO and CFO are authorized to execute the related documents. Amendments increasing the principal require additional Board approval.
Contract Details
Contract Amount
$20,000,000
Vendor
FREMONT BANK
Agency
Washington Hospital, CA
Contract Type
FINANCIAL_SERVICES
Document Date
January 28, 2026
Renewal Info
Authorized Officers may execute amendments to the agreement, except for increases in principal amount, which require Board approval. Amendments to the term can be executed by Officers as necessary.
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