RCSD Corporation Lease Purchase Reviewed

The board described a lease purchase arrangement with RCSD Corporation covering the campus and related facilities. The district plans to purchase the project for up to $38,495,000 as part of its financing plan.

Document date · September 1, 2026

Track Rensselaer City School District contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Rensselaer City School District.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

$38,495,000

Contract type

OTHER

Contract term

Original Lease Purchase Agreement dated August 16, 2006; First Amendment to Lease dated as of December 1, 2026; thirty (30) years

Renewal date

2036-08-16

Renewal

Lease Purchase Agreement dated August 16, 2006, amended by a First Amendment to Lease dated as of December 1, 2026. The lease provides for semi-annual lease payments over a thirty-year period and includes an option for the District to purchase the project.

Document type

Agenda

Source document

Rensselaer City School District Agenda Regular Meeting of the Board of Education September 1, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Rensselaer City School District?

Rcsd Corporation was awarded this government contract by Rensselaer City School District, as recorded on September 1, 2026. The contract value is $38,495,000.

How much is the Rcsd Corporation contract with Rensselaer City School District worth?

The Rcsd Corporation contract with Rensselaer City School District is valued at $38,495,000.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Rensselaer City School District Agenda Regular Meeting of the Board of Education September 1, 2026 (Agenda), dated September 1, 2026 from Rensselaer City School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rcsd Corporation hold?

Rcsd Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Rcsd Corporation's profile

What is Rensselaer City School District currently buying?

Explore Rensselaer City School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Rensselaer City School District's profile