Pocola Board of Education Regular Meeting Agenda May 2026
UMB Bond Lease-Purchase Payments Considered for Approval
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Description
Pocola ISD will consider authorizing scheduled payments to UMB under the 2022 Combined Purpose Bonds lease-purchase agreement. The actions cover a $6,685 interest-only payment in September 2026 and a $146,685 interest/principal payment in March 2027.
Contract Details
Contract Amount
Interest-only $6,685.00 (Sep 2026) and Interest/Principal $146,685.00 (March 2027)
Vendor
UMB
Agency
Pocola Public Schools, OK
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Payments #7 & 8 of 16 under Combined Purpose Bonds of 2022
Renewal Date
2027-03-31
Renewal Info
Ongoing lease-purchase payment schedule for Combined Purpose Bonds of 2022; payments 7 and 8 of 16.
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