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FINANCIAL_SERVICESAPPROVED

Independent School District 2397 Purchase Agreement 2026-05-06

District 2397 finances new school bus purchase

$148,608.25 (financed amount)Le Sueur-Henderson School DistrictSANTANDER BANK NAMay 6, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Independent School District 2397 entered into an 8-year finance-to-own agreement with Santander Bank NA to fund $148,608.25 for a new 2026 IC CE school bus at 5.037% interest with annual payments of $22,017.00. Santander Bank NA is listed as lienholder on the vehicle purchase.

Contract Details

Contract Amount

$148,608.25 (financed amount)

Vendor

SANTANDER BANK NA

Agency

Le Sueur-Henderson School District, MN

Contract Type

FINANCIAL_SERVICES

Document Date

May 6, 2026

Contract Term

8 Year Finance - Annual Payments

Renewal Date

2034-06-21

Renewal Info

Fixed 8-year finance-to-own contract with annual payments; no renewals specified.

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