Item 5. Other Information
Item 5. Other Information  
None
 
Item 6. Exhibits and Reports on Form 8-K  
 
(a)
Exhibits
 
 
 
 
 
Exhibit 31.1 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
 
 
 
 
 
Exhibit 31.2 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
 
 
 
 
 
Exhibit 32.1 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
 
 
 
 
 
Exhibit 32.2 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
 
 
 
 
 
Exhibit 101.INS
 
 
 
 
 
Exhibit 101.SCH Inline XBRL Taxonomy Extension Schema Document (1)
 
 
 
 
 
Exhibit 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document (1)
 
 
 
 
 
Exhibit 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document (1)
 
 
 
 
 
Exhibit 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document (1)
 
 
 
 
 
Exhibit 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document (1)
 
 
 
 
 
Exhibit 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
 
 
 
 
 
(1) These interactive data files shall not be deemed filed for purposes of Section 11 or 12 of the Securities Act of 1933, as amended, or Section 18 of the Securities Exchange Act, as amended, or otherwise subject to liability under those sections.
 
 
 
 
(b)
Reports on Form 8-K
 
 
 
 
 
On July 25, 2022, Avalon reported that on July 22, 2022 the Company entered into an amendment to its existing Line of Credit Agreement with Premier Bank to extend the maturity date to July 31, 2024.
 
 
 
 
 
On August 8, 2022 Avalon reported that on August 5, 2022, the Company entered into a $31.0 million New Term Loan Agreement with Laurel Capital Corporation. The proceeds were used to pay off and refinance amounts outstanding under our existing term loan and pay related transaction costs. The remaining proceeds were deposited into a project fund account for which those proceeds are to fund future costs of renovating and expanding both The Grand Resort and Avalon Field Club at New Castle.
 
40
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
AVALON HOLDINGS CORPORATION
 
(Registrant)
 
 
 
 
 
 
Date:                November 10, 2022                    
By:
/s/ Bryan P. Saksa
 
Bryan P. Saksa, Chief Financial Officer and
 
Treasurer (Principal Financial and Accounting
 
Officer and Duly Authorized Officer)
 
41
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.