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Board authorizes $391,000 technology lease; low bid at 3.5%

Weston Board of Education · March 16, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board voted unanimously to authorize a lease-purchase agreement for technology equipment (approximately $391,000 financed) with Cogent Bank after competitive bidding returned a 3.5% rate; the superintendent was authorized to execute documents.

The Weston Board of Education authorized the superintendent to execute a lease-purchase agreement with Cogent Bank for district technology equipment at its March 16 meeting.

Phil explained the financing: the amount…

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