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Board approves four-year lease for 2027 65-passenger school bus totaling $111,964
Summary
The Creve Coeur SD 76 board voted unanimously on Feb. 24 to lease one 2027 International 65‑passenger school bus from Midwest Transit Equipment under a four‑year lease/buyback with annual payments of $27,991 (total $111,964).
The Creve Coeur School District 76 Board of Education approved a four-year lease with Midwest Transit Equipment to acquire one 2027 International 65‑passenger school bus. The board approved annual lease/buyback payments of $27,991.00, for a total payment of $111,964.00 over four years; the motion, made by Mrs. Stimeling and seconded by Mr. Shear, passed unanimously.
Board members recorded the roll-call vote as Keogel, Ragon, Shear, Stimeling, Greiner and Bailey in favor, with no nays. The motion establishes the lease arrangement and payment schedule; the board did not specify disposal of any replaced vehicle during the discussion recorded in the minutes.
