Capitan Municipal School District Notice of Determination Resolution January 2026
Capitan Schools Plans $935,000 Education Tech Lease-Purchase
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Description
Capitan Municipal School District is preparing to enter a $935,000 lease-purchase agreement with the New Mexico State Treasurer to fund education technology equipment, with closing anticipated March 31, 2026 and payment due by August 1, 2026, pending board approval.
Contract Details
Contract Amount
$935,000
Vendor
NEW MEXICO STATE TREASURER
Agency
Capitan Municipal Schools, NM
Contract Type
FINANCIAL_SERVICES
Document Date
January 19, 2026
Contract Term
Closing expected March 31, 2026; payment due August 1, 2026
Renewal Date
2026-08-01
Renewal Info
Agreement is not to exceed five years with principal and interest payment due August 1, 2026. No automatic renewal; structure determined by municipal advisor.
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