Board approves copier lease motions and $6.16M phase‑4 lease resolution
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Summary
Administrators recommended a five‑year copier lease (Ricoh) with MST Government Leasing LLC and presented projected savings; the board approved a tax‑exempt lease not to exceed $302,973.76 at 5.19% and authorized a $6,161,343 phase‑4 lease resolution for energy and building improvements.
The board reviewed and approved several financing motions related to equipment and capital improvements.
Administration recommended a five‑year copier lease using Omnia government contract pricing with Ricoh for 42 copiers and included service and supplies in the proposal. The presenter said the proposed lease would reduce the district’s annual costs compared with the previous agreement and estimated savings of $56,686.57 per year and about $283,432 over five years; the presenter also listed five‑year service and supplies of $61,993.36 and a total five‑year projected cost shown in the packet.
Member Jack read the required verbatim motion and the board approved, by unanimous voice, a motion: "that the board approve the proposed tax exempt lease with MST Government Leasing LLC for the purposes of refinancing and funding photocopy equipment leases, including consultant fees and related costs of issuances in an amount not to exceed $302,973.76 in an interest rate of 5.19% per year through 08/01/2030." The board then approved a second motion authorizing the superintendent to execute the tax‑exempt lease on the terms discussed.
Separately, the board considered a resolution to authorize $6,161,343 as phase 4 of lease‑purchase financing for energy‑saving equipment and associated building improvements at district facilities. That resolution was approved in the form presented and will be included with the meeting minutes and signed following the meeting. Both motions passed unanimously.
Board discussion included replacement of aging copiers (37 owned) and logistics for disposition of old equipment. The administration agreed to follow up on details such as toner procurement, device removal and opportunities for student technology clubs to salvage hardware.

