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Houston board approves up to $460,000 lease to fund elementary secure‑entry project
Summary
The Houston Public Schools board approved a resolution authorizing a lease‑purchase agreement of up to $460,000 to finance a secure main entry at the elementary school; the board recorded a roll‑call approval and said final rates and repayment terms will be set after bank bids and MDE approval.
The Houston Public Schools board on the floor of its regular meeting approved a resolution authorizing a lease‑purchase agreement to finance construction of a secure entry at the district elementary school, with a principal cap of $460,000.
Board members discussed the financing framework and emphasized the vote is to approve a 'not to exceed' amount so the district can…
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