Randolph Central School Corporation Regular Session Minutes 2026-05-12
American Capital Selected for Chromebook Financing
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Description
Randolph Central School Corporation approved a financing agreement with American Capital for the recent Chromebook purchase, to be repaid in four annual installments of $76,639.33. The total principal and interest will be $306,557.32, funded from curricular materials.
Contract Details
Contract Amount
Four annual installments of $76,639.33 (total $306,557.32; financing cost $21,405.32)
Vendor
AMERICAN CAPITAL
Agency
Randolph Central School Corporation, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Four annual installments
Renewal Info
Financing agreement with four fixed annual payments; no renewals or extensions are mentioned.
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