Walnut Township Local Schools Awards Facilities Contract to LESSOR (March 2026)
Walnut Township Local SchoolsSchool · Millersport, OH- Disclosed value
- Principal component of rent not to exceed $2,100,000; initial appropriations up to $310,000 for rent through June 30, 2027
- From minutes
- Approved
- Mar 9, 2026
- Renews
- Free account
The 30-second brief
The Board approved a lease-purchase financing structure with an as-yet-undesignated lessor to fund up to $2.1 million in school facility improvements, including roof replacement and repairs at Millersport schools. The agreement includes initial and renewal lease terms through at least June 30, 2027, with total term capped at 30 years.
LESSOR holds this facilities contract with Walnut Township Local Schools. Its other public contracts on record include work for City of Woodruff and City of Pine Bluff.
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Contract details
- Contract type
- Facilities
- Amount
- Principal component of rent not to exceed $2,100,000; initial appropriations up to $310,000 for rent through June 30, 2027
- Document date
- March 9, 2026
- Term
- Initial term ending June 30, 2026, with first renewal term ending June 30, 2027; total term may not exceed useful life of project and in no event more than 30 years
- Renews
- On record
- Vendor
- LESSOR
- Source document
- Walnut Township Local School District Board of Education Meeting Minutes March 2026 (Minutes)
LESSOR's other public contracts
More Walnut Township Local Schools contracts
Questions about this contract
Who was awarded the facilities contract by Walnut Township Local Schools?
LESSOR was awarded this facilities contract by Walnut Township Local Schools, as recorded on March 9, 2026. The contract value is Principal component of rent not to exceed $2,100,000; initial appropriations up to $310,000 for rent through June 30, 2027.
How much is the LESSOR contract with Walnut Township Local Schools worth?
The LESSOR contract with Walnut Township Local Schools is valued at Principal component of rent not to exceed $2,100,000; initial appropriations up to $310,000 for rent through June 30, 2027, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Walnut Township Local School District Board of Education Meeting Minutes March 2026 (Minutes), dated March 9, 2026 from Walnut Township Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does LESSOR hold?
LESSOR may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Walnut Township Local Schools currently buying?
Explore Walnut Township Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.