Demarest Board of Education COW and Regular Meeting Agenda 2026-06-16
US Bancorp Chromebook financing fourth payment okayed
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Description
The Board approved the fourth-year payment under the US Bancorp-financed lease for student Chromebooks, completing a four-year $292,613.52 buyout structure.
Contract Details
Contract Amount
Total $292,613.52 over four years; $73,153.38 annual payment (fourth-year payment)
Vendor
US BANCORP
Agency
Demarest School District, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Four-year buyout; this motion covers year four
Renewal Info
Financing arrangement concludes after four-year term unless a new agreement is executed.
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Demarest Board of Education COW and Regular Meeting Agenda 2026-06-16
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Demarest Board of Education COW and Regular Meeting Agenda 2026-06-16
Demarest Board of Education COW and Regular Meeting Agenda 2026-06-16
Demarest Board of Education COW and Regular Meeting Agenda 2026-06-16
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