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RSU 10 board approves $2.27 million lease-financing for EEI energy conservation project
Summary
The RSU 10 school board approved a resolution authorizing lease financing of $2,266,825 for an energy conservation project with EEI; board members discussed authorization language for signatories and clarified the 20-year term and 5.12% rate before unanimous approval.
The Western Foothills Regional School Unit 10 school board voted unanimously to approve a resolution authorizing lease financing for a $2,266,825 energy conservation project with EEI, the board heard at the meeting.
Board member Peter moved the resolution, which the agenda reproduced as: “I move that the resolution entitled resolution to authorize lease financing of a $2,266,825 energy conservation project at RSU schools be approved in the form presented…
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