south washington county schools€¦ · name of administrator/business officer/titie telephone/fax...

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We are committed to igniting a passion for lifelong learning. www.sowashco.org South Washington County Schools Keith Jacobus, Ph.D., Superintendent District Service Center 7362 E. Point Douglas Rd. S. Cottage Grove, MN 55016 Phone: 651-425-6300 Fax: 651-425-6318 ADMINISTRATIVE REPORT TO: Members of the School Board Keith Jacobus, Superintendent FROM: Dan Pyan, Director of Finance and Operations 425-6260 DATE: April 16, 2020 TOPIC/PURPOSE OF REPORT: Approve 77 Passenger Bus Lease REFERENCE TO POLICY/STRATEGIC PLAN: Policy 701, 702 RECOMMENDED BOARD ACTION: Approval DATE FOR BOARD ACTION: April 23, 2020 REPORT Please approve the attached lease with Santander Bank, N.A.. The agreement leases South Washington County Schools 10 77 passenger buses to be used for regular transportation. Leasing new buses helps the district cash flow the needs of refreshing its bus fleet. 6.12

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Page 1: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School

We are committed to igniting a passion for lifelong learning.

www.sowashco.org

South Washington County Schools Keith Jacobus, Ph.D., Superintendent

District Service Center 7362 E. Point Douglas Rd. S.

Cottage Grove, MN 55016

Phone: 651-425-6300 Fax: 651-425-6318

ADMINISTRATIVE REPORT

TO: Members of the School Board Keith Jacobus, Superintendent

FROM: Dan Pyan, Director of Finance and Operations 425-6260

DATE: April 16, 2020 TOPIC/PURPOSE OF REPORT: Approve 77 Passenger Bus Lease REFERENCE TO POLICY/STRATEGIC PLAN: Policy 701, 702 RECOMMENDED BOARD ACTION: Approval DATE FOR BOARD ACTION: April 23, 2020

REPORT Please approve the attached lease with Santander Bank, N.A.. The agreement leases South Washington County Schools 10 77 passenger buses to be used for regular transportation. Leasing new buses helps the district cash flow the needs of refreshing its bus fleet.

6.12

Page 2: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 3: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 4: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 5: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 6: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 7: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 8: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 9: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 10: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School
Page 11: South Washington County Schools€¦ · Name of Administrator/Business Officer/TitIe Telephone/Fax Number of units to be sold & type Initial Payment: deferred 30 days Year School