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Jackson County becomes one of first counties in state to approve capital funding for charter school under new law

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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