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Francis Howell R-III board approves lease-purchase to finance technology equipment
Summary
The Francis Howell R-III Board of Education approved a lease-purchase agreement with Clayton Holdings LLC during a May 6 special meeting to finalize financing for technology equipment previously authorized on April 17; an attorney's opinion is due before closing on May 7.
The Francis Howell R-III Board of Education approved a lease-purchase agreement with Clayton Holdings LLC on May 6, 2025, to finance technology equipment the board authorized on April 17.
Director Carol Embree said the special meeting was called because the closing is scheduled for May 7 and the board needed to approve the final documents. "You will recall that on April 17, you approved the purchase of technology equipment, and you…
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