EQUIPMENTAPPROVED

Board of Education of Independent School District No. 52 Lease Agreement May 2026

Board Executes Apple Lease Schedule 2006273894

$682,310.52 (principal $653,000.00 at 2.99% with discounted purchase price $638,151.16)Mid-Del Technology CenterAPPLE INCMay 13, 2026

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Description

The Board of Education of Independent School District No. 52 enters Schedule No. 2006273894 with Apple Inc. to finance $653,000 of computer hardware over five payments totaling $682,310.52 at 2.99% interest. The lease is part of a master lease purchase agreement effective May 15, 2026.

Contract Details

Contract Amount

$682,310.52 (principal $653,000.00 at 2.99% with discounted purchase price $638,151.16)

Vendor

APPLE INC

Agency

Mid-Del Technology Center, OK

Contract Type

EQUIPMENT

Document Date

May 13, 2026

Contract Term

Commencing May 15, 2026 with five payments due 05/15/2026 and annually on 07/01 through 07/01/2029

Renewal Date

2029-07-01

Renewal Info

Per addendum, this schedule terminates at the end of each budget year unless ratified by both parties; termination is treated as an Event of Non-appropriation under the Master Agreement.