CONTRACTAPPROVED

Ontario Local Schools Awards $625,000 Lease-Purchase Financing Contract to First American Commercial Bancorp (July 2023)

Disclosed value: $625,000; From meeting minutes
Approved: Jul 11, 2023
Term: 3 years

What it covers

Board approved resolution authorizing lease-purchase financing with First American Commercial Bancorp for acquisition of chromebooks, in a principal amount not to exceed $625,000. The financing term is anticipated to not exceed three years.

Who holds it

First American Commercial Bancorp holds this lease-purchase financing contract with Ontario Local Schools. Its other public contracts on record include work for Toms River Regional School District and Vernon Township School District.

What happens next

Term as filed: 3 years.

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Contract details

Contract type: Lease-Purchase Financing
Amount: $625,000
Document date: July 11, 2023
Term: 3 years
Vendor: First American Commercial Bancorp
Agency: Ontario Local Schools
Source document: ontario-local-schools-meeting-minutes-2023-07-11_b34.pdf (Meeting Minutes)

First American Commercial Bancorp's other public contracts

Ontario Local Schools, OhioFour-Year Chromebook Lease Approved · Jun 9, 2026Undisclosed Ontario Local Schools, OhioBoard Approves Four-Year Chromebook Lease Agreement · Jun 9, 2026Undisclosed Toms River Regional School District, New JerseySchool bus and vehicle finance lease · Sep 17, 2025$1.5M Toms River Regional School District, New JerseyIT Equipment Finance lease awarded · Sep 17, 2025$1M Vernon Township School District, New JerseyFirst American Commercial Bancorp wins lease financing · Aug 21, 2025Undisclosed All First American Commercial Bancorp contractsVendor profile

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Questions about this contract

Who was awarded the lease-purchase financing contract by Ontario Local Schools?

First American Commercial Bancorp was awarded this lease-purchase financing contract by Ontario Local Schools, as recorded on July 11, 2023. The contract value is $625,000.

How much is the First American Commercial Bancorp contract with Ontario Local Schools worth?

The First American Commercial Bancorp contract with Ontario Local Schools is valued at $625,000, covering lease-purchase financing work.

What type of contract is this?

This is a Lease-Purchase Financing contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in ontario-local-schools-meeting-minutes-2023-07-11_b34.pdf (Meeting Minutes), dated July 11, 2023 from Ontario Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First American Commercial Bancorp hold?

First American Commercial Bancorp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Ontario Local Schools currently buying?

Explore Ontario Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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