Roselle School District No. 12 Agreement Rental Agreement 2026-05-08
School District Approves Laptop Lease with American Capital
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Description
Roselle School District No. 12 entered into a lease agreement with American Capital Financial Services, Inc. for (60) ThinkPad E14 Gen 7 laptops. The contract is valued at $16,566.29 per year for three years, totaling $49,698.87, starting July 5, 2026. At lease end, the district may purchase, renew, or return the devices.
Contract Details
Contract Amount
$16,566.29 per year for 3 years (total $49,698.87)
Vendor
AMERICAN CAPITAL FINANCIAL SERVICES INC
Agency
Roselle SD 12, IL
Contract Type
EQUIPMENT
Document Date
May 8, 2026
Contract Term
Three (3) years, July 5, 2026 – July 5, 2029 (one payment per year)
Renewal Date
2029-07-05
Renewal Info
After original term (three years), district may renew month-to-month, purchase equipment at fair market value, or return equipment. Failure to notify results in automatic month-to-month renewal.
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