EQUIPMENTAPPROVED

American Capital Financial Services Inc. Equipment Schedule L Fremont School District No. 79

School District Approves $830,000 Lease for Buses

$166,540.25 per year for 5 yearsBarber County North Unified School District 254AMERICAN CAPITAL FINANCIAL SERVICES INCJanuary 5, 2026

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Description

Fremont School District No. 79 approved a five-year lease with American Capital Financial Services, Inc. for four 83-passenger Blue Bird buses. The agreement is valued at $166,540.25 annually, with annual payments due on or before July 1 each year and includes a $1.00 purchase option at end of term.

Contract Details

Contract Amount

$166,540.25 per year for 5 years

Vendor

AMERICAN CAPITAL FINANCIAL SERVICES INC

Agency

Barber County North Unified School District 254, KS

Contract Type

EQUIPMENT

Document Date

January 5, 2026

Contract Term

5 years (Payments due annually on 7/1 each year, first payment commencement, subsequent payments on or before July 1, 2027, 2028, 2029, 2030)

Renewal Date

2031-07-01

Renewal Info

Lessee may exercise purchase option for all equipment for $1.00 by providing written notice at least 60 days prior to lease termination. The lease term is five years with no listed auto-renewal; renewal or further extension would require new agreement or schedule. Master Lease continues to be operative for future schedules.

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