Capitan Municipal School District Notice of Determination Resolution January 2026
District Plans $935K Ed Tech Lease-Purchase with State Treasurer
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Description
Capitan Municipal School District plans a $935,000 lease-purchase agreement for education technology equipment, to be privately placed with the New Mexico State Treasurer. Final approval is scheduled for February 23, 2026.
Contract Details
Contract Amount
Not to exceed $935,000
Vendor
NEW MEXICO STATE TREASURER
Agency
Capitan Municipal Schools, NM
Contract Type
TECHNOLOGY
Document Date
January 19, 2026
Contract Term
One-time payment; closing March 31, 2026; payment due August 1, 2026
Renewal Date
2026-08-01
Renewal Info
Term does not exceed five years. Payment is scheduled as a single principal and interest payment due August 1, 2026. Prepayment is not permitted. Subject to Board's final approval February 23, 2026.
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