LEASE AND LEASE PURCHASE FINANCING FOR SCHOOL FACILITIES
Information on financing educational facilities using leasing programs, lease purchase agreements, lease purchase revenue bonds and construction/leasebacks.
References to Books and Other Media
Alternatives to Construction [Portland Public Schools]
(Long Range Plan, Portland Public Schools. Issue Paper 5.2, Mar 20, 2012)
This white paper explores program changes, the use of modular classrooms, leasing, and public/private partnerships as alternatives to new construction and major renovation of Portland, Oregon's public schools 5p
School Districts: Leases and Agreements.
(California State Legislature, Sacramento , Aug 27, 2009)
This California legislation authorizes a school district to enter into leases and agreements relating to real property and buildings to be used jointly by the district and a local governmental agency. Existing law already authorized a school district to enter into leases and agreements relating to real property and buildings to be used jointly by the district and any private person, firm, or corporation. 8p.
References to Journal Articles
Funding Our Future: Creative Financing Boosts School Construction
School Construction News; May 09, 2012
Public-private partnerships (P3s) are emerging as a promising way to tap the resources needed to address schools’ capital needs. Discusses public-private partnerships that are focused on renewable energy. In a different P3 scenario, school districts issue bonds and then loan the proceeds of their efforts to private developers, who in turn build the school. Once completed, the facility is leased to the district on a long-term basis at a lesser cost than the construction itself.
Lease-leaseback Opens New Avenues for School Projects.
North Bay Business Journal ; Jun 06, 2011
Discusses lease-leaseback arrangements to allow districts flexibility as a project-delivery method, so districts can identify contractors through an RFQ, RFP or notice sent to interested companies.
The Lease Piece.
University Business; v14 n2 , p40-42,44 ; Feb 2011
Describes the many good effects, especially financial, of leasing network servers, SAN storage, core switches, and edge switch equipment. Leasing over five years avoid a one-time up-front cost, and guarantees a refresh every five years. 22 points detail the decisions about leasing.
Energy Smart Schools Teach Everyone Lessons.
Learning By Design; n19 , p14,15 ; Fall 2010
Discusses creative ways to finance high-performance school construction or energy-saving improvements. These include using the district's own funds to finance small projects and then using the savings for subsequent projects, bonds, lease and lease-purchase, energy performance contracts, state programs, utility company loans, and public benefit funds.
Alternative Project Delivery, as Seen from the Quality Assurance Viewpoint.
CASH Register; v31 n4 , p10,11 ; Apr 2010
Examines the features of alternative school project delivery methods available in California, including multiple contracts, design-build, agency construction management, lease-leaseback, and construction management at-risk.
Coral Park Education Center.
Design Cost Data; v53 n3 , p30-34 ; May 2009
Profiles this multi-building campus funded by a lease-back arrangement between the developer and the local school district. Building statistics, a list of the project participants, cost details, a floor plan, and photographs are included.