Mansfield Township Board of Education Agenda 2026-05-06
Lease Purchase Financing Awarded to Customers Commercial Finance
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Description
The Board awarded lease purchase financing to Customers Commercial Finance based on an April 22, 2026 quote and authorized officials to execute all related agreements and closing documents. The financing will be structured as qualified tax-exempt obligations under the Internal Revenue Code.
Contract Details
Vendor
CUSTOMERS COMMERCIAL FINANCE
Agency
Mansfield Township Elementary School District, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 6, 2026
Renewal Info
This is a financing transaction rather than a renewable service contract; future financing would require separate approval.
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