District 21 Approves Chromebook Lease with American Capital
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Description
Community Consolidated School District 21 approved a three-year fair market value lease with American Capital starting July 31, 2021, to finance 2,200 HP x360 11 G3 Chromebooks. The lease totals three equal installments of $212,986 at an interest rate of -4.13%.
Contract Details
Contract Amount
three year fair market value lease ... three equal installments of $212,986 (total $638,958)
Vendor
AMERICAN CAPITAL
Agency
Field CCSD 3, IL
Contract Type
EQUIPMENT
Document Date
November 13, 2025
Contract Term
Three-year fair market value lease starting July 31, 2021
Renewal Info
Three-year fair market value lease; any renewal or buyout terms are contained in the lease documentation, not detailed in the minutes.
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community_consolidated_school_district_21_board_of.pdf
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community_consolidated_school_district_21_board_of.pdf
community_consolidated_school_district_21_board_of.pdf
community_consolidated_school_district_21_board_of.pdf
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