By Kristin Fox
At Tuesday night’s regular meeting of the Jackson County Board of Commissioners, county officials gave their stamp of approval on the request by Summit Charter School for a $2.5 million dollar loan for the expansion of the school located in Cashiers, North Carolina. The purpose of the short-term loan request is to bridge cash flow needs during construction as we raise funds and collect pledges toward the total fundraising goal of $6.5 million to fully fund Summit’s facility expansion. The unanimous vote to approve a letter of intent is the first step in the establishment of the loan to Summit.
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