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FINANCIAL_SERVICESAPPROVED

WHRHS Board of Education Minutes 2026-04-28

Phoenix Advisors to arrange $1M lease financing

Not to exceed $1,000,000 (lease financing amount)Watchung Hills Regional High School DistrictPHOENIX ADVISORS a DIVISION OF FIRST SECURITY MUNICIPAL ADVISORS INCApril 28, 2026

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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

The Board engaged Phoenix Advisors, a division of First Security Municipal Advisors, Inc., to solicit bids for up to $1,000,000 in tax-exempt lease purchase financing for technology, vehicles, and equipment. The Business Administrator is authorized to award a lease with a term not exceeding five years.

Contract Details

Contract Amount

Not to exceed $1,000,000 (lease financing amount)

Vendor

PHOENIX ADVISORS a DIVISION OF FIRST SECURITY MUNICIPAL ADVISORS INC

Agency

Watchung Hills Regional High School District, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

April 28, 2026

Contract Term

Lease term not to exceed 5 years

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