Bayport-Blue Point Union Free School District Agenda Business Meeting and Budget Hearing 2026-06-08
Lease Purchase Agreement Amended with Banc of America Public Capital Corp.
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Description
The Board approved Amendment No. 5 to the Equipment Lease Purchase Agreement and Escrow Agreement with Banc of America Public Capital Corp. for the district's $10.4M Energy Performance Contract, extending the acquisition period as of June 1, 2026.
Contract Details
Contract Amount
$10,420,729.00
Vendor
BANC OF AMERICA PUBLIC CAPITAL CORP
Agency
Bayport-Blue Point Union Free School District, NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 8, 2026
Contract Term
Original agreement March 31, 2023; Acquisition period extended (latest as of June 1, 2026)
Renewal Info
Amendment No. 5 further extends the acquisition period for the ELPA and Escrow Agreement. The project completion terms have been updated multiple times since March 31, 2023.
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Bayport-Blue Point Union Free School District Agenda Business Meeting and Budget Hearing 2026-06-08
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