Stucker Lease renewal with First Security State Bank

The Board is considering renewal of the Stucker Lease with First Security State Bank totaling $4,832,668.8, with a FY26 payment of $604,083.60 as the seventh of eight installments. Payments are supported by Pott County Sales Tax revenues.

Document date · May 5, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$4,832,668.8 (principal); FY26 payment $604,083.60

Contract type

FINANCIAL_SERVICES

Contract term

8 payments total; payment 7 of 8 due in FY26 (agreement date 08/29/2018)

Renewal

Eight-payment lease purchase known as the Stucker Lease, requiring annual board re-approval; FY26 is payment 7 of 8.

Document type

Agenda

Source document

board_of_education_agenda_may_2025_lease_agreement.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Shawnee Public Schools?

First Security State Bank was awarded this financial services contract by Shawnee Public Schools, as recorded on May 5, 2025. The contract value is $4,832,668.8 (principal); FY26 payment $604,083.60.

How much is the First Security State Bank contract with Shawnee Public Schools worth?

The First Security State Bank contract with Shawnee Public Schools is valued at $4,832,668.8 (principal); FY26 payment $604,083.60, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in board_of_education_agenda_may_2025_lease_agreement.pdf (Agenda), dated May 5, 2025 from Shawnee Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Security State Bank hold?

First Security State 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 First Security State Bank's profile

What is Shawnee Public Schools currently buying?

Explore Shawnee Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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