FINANCIAL_SERVICESAPPROVED

Hornell City School District Awards Financial Services Contract to Municipal Leasing Consultants Llc (August 2026)

The Hornell City School District Board of Education approved a long-term lease purchase financing agreement with Municipal Leasing Consultants LLC to fund approximately $2,967,123 in Energy Performance Contract equipment. The arrangement will be repaid over roughly 16 to 18 years through installment lease/purchase payments plus interest under an escrow structure, subject to annual appropriation.

Status
APPROVED
Document date
August 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Municipal Leasing Consultants Llc
Agency
Hornell City School District · NY

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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
Approximately $2,967,123 plus interest
Contract type
FINANCIAL_SERVICES
Contract term
Approximately sixteen (16) years but not to exceed eighteen (18) years, beginning with the earlier of receipt of possession of the Equipment or execution and delivery of the Agreement
Renewal
Single installment lease/purchase term of approximately 16–18 years; no renewals described. Payments are subject to annual appropriation each fiscal year under General Municipal Law §109-b.
Document type
Resolution
Source document
City School District of the City of Hornell Resolution Supplemental Resolution Relating to Installment Lease Purchase Financing 2026-08-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Hornell City School District?

Municipal Leasing Consultants Llc was awarded this financial services contract by Hornell City School District, as recorded on August 2, 2026. The contract value is Approximately $2,967,123 plus interest.

How much is the Municipal Leasing Consultants Llc contract with Hornell City School District worth?

The Municipal Leasing Consultants Llc contract with Hornell City School District is valued at Approximately $2,967,123 plus interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City School District of the City of Hornell Resolution Supplemental Resolution Relating to Installment Lease Purchase Financing 2026-08-05 (Resolution), dated August 2, 2026 from Hornell City School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Leasing Consultants Llc hold?

Municipal Leasing Consultants Llc 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 Municipal Leasing Consultants Llc's profile

What is Hornell City School District currently buying?

Explore Hornell City School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Hornell City School District's profile

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