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Alma School District board approves lease-purchase to add two air-conditioned activity buses
Summary
The board authorized a lease-purchase agreement with Midwest Bus Sales to secure two new air-conditioned activity buses, which district staff said will primarily be used for K–5 field trips and were available earlier than typical ordering windows.
The Alma School District board approved authorizing a lease-purchase agreement for two new air-conditioned activity buses being held for the district by Midwest Bus Sales.
Board members discussed that the buses became unexpectedly available when another district returned them. District presenters said acquiring the buses now would avoid a year-long wait for new orders and would save the district about $6,000 per bus over buying comparable buses a year from now. The buses are intended mainly for kindergarten through fifth-grade field trips.
A district presenter described the financing as a lease purchase typically structured over a five-year term. The board moved to authorize the district to proceed with the lease-purchase agreement; the motion passed by voice vote.
District staff noted that additional coach buses and used buses already in the fleet would be used alongside the activity buses to meet transportation needs. Details about the final lease payment amounts, the fiscal agent and the precise financing terms were not specified during the discussion and will be finalized in the lease documents.
