Board Approves Tax-Exempt Copier Lease Financing
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Description
The Missisquoi Valley School District Board approved a tax-exempt lease with M.S.T. Government Leasing, LLC for up to $259,038.37 at 5.09% interest to refinance and fund photocopy equipment leases and related costs through August 1, 2031. The motion authorizes long-term financing of copier equipment and associated expenses.
Contract Details
Contract Amount
Not to exceed $259,038.37 at 5.09% interest per year
Vendor
M.S.T. GOVERNMENT LEASING LLC
Agency
Missisquoi Valley School District 89, VT
Contract Type
FINANCIAL_SERVICES
Document Date
April 28, 2026
Contract Term
Through August 1, 2031
Renewal Date
2031-08-01
Renewal Info
Lease term runs through August 1, 2031; no renewal options mentioned in the minutes.
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