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RSU 5 approves resolution to authorize lease financing for $3.42 million energy conservation projects
3174281 · May 2, 2025
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Summary
The board authorized lease financing to fund a Phase 1 energy-conservation package including boilers, LED lighting and fire panel upgrades; the resolution allows borrowing up to $3,421,157 subject to future documentation and bids.
The RSU 5 Board of Directors voted to authorize lease financing for up to $3,421,157 to fund Phase 1 of the district's energy conservation and infrastructure projects.
The resolution authorizes the superintendent and finance staff to proceed with lease financing documents that will cover improvements such as the…
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