Buckeye Valley Local Schools Awards Financial Services Contract to The Huntington National Bank (July 2026)

Not to exceed $446,747.00

FINANCIAL_SERVICES

Four annual rental payments at 5.23% interest; first payment due on Commencement Date with three subsequent annual payments until paid in full

Lease term runs from Commencement Date through Lessee’s fiscal year end with optional one-year renewal terms up to the Maximum Lease Term, subject to annual appropriation and nonappropriation termination under Section 3.05 as modified by the Ohio Rider. Lessee has an option to purchase the equipment on any rental payment date by paying the then-applicable Purchase Price, or for $1.00 at the end of the Maximum Lease Term if all payments are made.

Agreement