Civic IQ
EQUIPMENTPENDING

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

District Plans Lease-To-Own Macbook Neo Purchase

$4,240,636.28 (initial investment of $100,000 plus 4 annual payments of $1,035,159.07)Mid-Del Technology CenterAPPLEMay 13, 2026

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Description

Independent School District No. 52 proposes a $4.24 million lease-to-own purchase of 6,200 Apple Macbook Neo laptops for grades 6-12. The four-year agreement with Apple includes AppleCare coverage and is funded from bond proceeds under Project 044.

Contract Details

Contract Amount

$4,240,636.28 (initial investment of $100,000 plus 4 annual payments of $1,035,159.07)

Vendor

APPLE

Agency

Mid-Del Technology Center, OK

Contract Type

EQUIPMENT

Document Date

May 13, 2026

Contract Term

Lease-to-own over 4 years with 5 payments

Renewal Date

2030-07-01

Renewal Info

Lease-to-own structure with two internal lease payment schedules and 4-year AppleCare coverage; no automatic renewal described beyond the four-year payment schedule.

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