Le Sueur-Henderson School District Special Board Meeting Agenda 2026-05-18
District finances new 77-passenger bus from Hoglund
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Description
Le Sueur-Henderson ISD 2397 is purchasing a new 2026 IC CE 77-passenger Type C bus from Hoglund Bus for $148,608.25, financed over eight years at 5.037% through Santander Bank. The bus will serve as a regular route and activity vehicle.
Contract Details
Contract Amount
$148,608.25
Vendor
HOGLUND BUS
Agency
Le Sueur-Henderson School District, MN
Contract Type
TRANSPORTATION
Document Date
May 18, 2026
Contract Term
8-year finance term at 5.037%
Renewal Info
Finance-to-own contract with Santander Bank over 8 years at 5.037% interest; no renewals but payments continue annually through the finance term.
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