Leaseapproved

Grand Forks Public School District 1 Awards $24,747 Lease Contract to Horizon Financial Bank (July 2025)

Horizon Financial Bank has been approved for a governmental lease for a bus. The lease is for a single-year term with an auto-renewal clause for two additional annual terms. At the end of the third year, the school district will have the option to purchase the bus. The sale price is $132,500 with three annual lease terms of $24,747.27 per year and a pre-negotiated sale price at the end of the third year of $72,875.

Status
approved
Document date
July 29, 2025
Contract type
Lease
Vendor
Horizon Financial Bank
Agency
Grand Forks Public School District 1 · ND

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

Scope & details

The full contract record, as filed.

Contract amount
$24,747.27
Contract type
Lease
Contract term
3 years
Document type
Minutes
Source document
grand-forks-public-school-district-1-special-meeting-minutes_26d.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the lease contract by Grand Forks Public School District 1?

Horizon Financial Bank was awarded this lease contract by Grand Forks Public School District 1, as recorded on July 29, 2025. The contract value is $24,747.27.

How much is the Horizon Financial Bank contract with Grand Forks Public School District 1 worth?

The Horizon Financial Bank contract with Grand Forks Public School District 1 is valued at $24,747.27, covering lease work.

What type of contract is this?

This is a Lease contract, documented as a minutes record.

Where was this contract approved?

This contract appears in grand-forks-public-school-district-1-special-meeting-minutes_26d.pdf (Minutes), dated July 29, 2025 from Grand Forks Public School District 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Horizon Financial Bank hold?

Horizon Financial Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Horizon Financial Bank's profile

What is Grand Forks Public School District 1 currently buying?

Explore Grand Forks Public School District 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Grand Forks Public School District 1's profile

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