District engages Stifel Nicholas for tech lease financing
Cimarron Public SchoolsSchool · Cimarron, NM- Disclosed value
- Up to $1,300,000 (lease purchase transaction size)
- From resolution
- Document date
- May 19, 2021
The 30-second brief
Cimarron Municipal School District authorized financial advisor Stifel Nicholas to structure and document a lease purchase financing of up to $1.3 million for educational technology equipment. The arrangement, to be repaid over roughly five years from a dedicated property tax levy, is expected to be sold to the New Mexico Finance Authority following final Board approval.
Stifel Nicholas holds this financial services contract with Cimarron Public Schools. Its other public contracts on record include work for Murray School District and Murray Community School District.
Term as filed: Approximately 5 years; payments from February 1, 2022 to August 1, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $1,300,000 (lease purchase transaction size)
- Document date
- May 19, 2021
- Term
- Approximately 5 years; payments from February 1, 2022 to August 1, 2026
- Vendor
- Stifel Nicholas
- Agency
- Cimarron Public Schools
- Source document
- cimarron_municipal_school_district_resolution_for.pdf (Resolution)
Stifel Nicholas's other public contracts
More Cimarron Public Schools contracts
Questions about this contract
Who was awarded the financial services contract by Cimarron Public Schools?
Stifel Nicholas was awarded this financial services contract by Cimarron Public Schools, as recorded on May 19, 2021. The contract value is Up to $1,300,000 (lease purchase transaction size).
How much is the Stifel Nicholas contract with Cimarron Public Schools worth?
The Stifel Nicholas contract with Cimarron Public Schools is valued at Up to $1,300,000 (lease purchase transaction size), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in cimarron_municipal_school_district_resolution_for.pdf (Resolution), dated May 19, 2021 from Cimarron Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Stifel Nicholas hold?
Stifel Nicholas may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Cimarron Public Schools currently buying?
Explore Cimarron Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.