Lafayette School District Meeting Minutes March 2026
District Approves $760K Energy Efficiency Lease
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Description
The Lafayette School District authorized a 10-year, $760,000 lease/purchase agreement for energy efficiency equipment and related building improvements, with Energy Management Consultants overseeing the project. Estimated annual payments are $92,336, with the first payment to be funded in the 2027-2028 budget.
Contract Details
Contract Amount
$760,000 (gross budget) with estimated annual lease payments of $92,336 for 10 years
Vendor
ENERGY MANAGEMENT CONSULTANTS
Agency
Lafayette Regional School District, NH
Contract Type
FACILITIES
Document Date
March 12, 2026
Contract Term
10-year lease/purchase agreement; first annual payment to be raised and appropriated as part of the 2027-2028 annual meeting
Renewal Date
2038-06-30
Renewal Info
Initial 10-year lease/purchase term authorized with an escape clause under RSA 33:7-e; any renewal or extension beyond the 10-year term would require future board and voter action.
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