EQUIPMENTAPPROVED

Board of Education of Independent School District No. 52 Lease Agreement May 2026

District Approves Apple Lease Schedule 2006273891

$3,558,325.76 (principal $3,395,600.00 at 2.99% with discounted purchase price $3,350,178.05)Mid-Del Technology CenterAPPLE INCMay 13, 2026

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Description

Independent School District No. 52 executes Schedule No. 2006273891 with Apple Inc. to finance $3,395,600 of computer hardware through five payments totaling $3,558,325.76 at 2.99% interest. The lease schedule is effective May 15, 2026 under the district’s master lease purchase agreement.

Contract Details

Contract Amount

$3,558,325.76 (principal $3,395,600.00 at 2.99% with discounted purchase price $3,350,178.05)

Vendor

APPLE INC

Agency

Mid-Del Technology Center, OK

Contract Type

EQUIPMENT

Document Date

May 13, 2026

Contract Term

Commencing May 15, 2026 with five payments due 05/15/2026 and annually on 07/01 through 07/01/2029

Renewal Date

2029-07-01

Renewal Info

Addendum provides that the schedule terminates at the end of the current and each subsequent budget year unless ratified by both parties, with non-appropriation treated as specified in the Master Agreement.