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Nevis board approves $149,052.65 bus purchase and lease-purchase financing
Summary
The board approved a $149,052.65 bus order from North Central Bus & Equipment and accepted a lease-purchase financing proposal from Stock Growers Public Finance to finance the full purchase price.
The Nevis Public School District Board on July 28 approved a bus order with North Central Bus & Equipment, Inc. at a cost to the district of $149,052.65. The board also approved a lease-purchase proposal with Stock Growers Public Finance to finance the $149,052.65 purchase price; the motion passed on a roll-call vote with all present voting yes.
The motion was made by Ben Hass and seconded by Aimee Plumley. The minutes do not list delivery timing, vehicle specifications, or the annual financing term and interest rate for the lease purchase; those details were not provided in the meeting record and would be the business office's responsibility to provide if requested.
