File #: 25-281    Version: 1 Name:
Type: Approval Item Status: Agenda Ready
File created: 8/27/2025 In control: Executive Committee
On agenda: 9/10/2025 Final action:
Title: Revolving Line of Credit and Utilization Policy
Attachments: 1. Memo - Line of Credit Policy, 2. Attachment 1 - BMO LOC Proposal, 3. Attachment 2 - CMAP LOC Policy
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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title

Revolving Line of Credit and Utilization Policy

action

ACTION REQUESTED: Recommendation for approval to the CMAP Board

purpose

PURPOSE & ACTION: Authorization to establish a Revolving Line of Credit (LOC) with a financial institution and adopt the policy for LOC utilization.

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