SCHEDULE B SCHOOL DISTRICT BOARD RESOLUTION January 17, 2023 WHEREAS, the Webster CSD (the “District”) desires to secure for its use the equipment listed below (the “Equipment”) through a Monroe #1 BOCES cooperative service; and WHEREAS, Monroe #1 BOCES is willing to arrange for the Installment Purchase Agreement of the Equipment and to provide the Equipment to the District as part of a Monroe #1 BOCES cooperative service. NOW, THEREFORE, be it resolved as follows: 1. The District is authorized to enter into an agreement with Monroe #1 BOCES (the “Installment Purchase Agreement”) under the terms of which: BOCES will purchase the Equipment; the District will be entitled to use the Equipment; and the District will be obligated to pay Monroe #1 BOCES for the use of the Equipment. 2. The District’s superintendent is hereby authorized to approve the final form and terms of the Installment Purchase Agreement and to execute and deliver to Monroe #1 BOCES, on behalf of the District, the Installment Purchase Agreement and such other agreements, documents, certificates and instruments as the superintendent determines are necessary to secure the use of the Equipment, to fulfill the District'’ obligations under the terms of the Installment Purchase Agreement, and to address the terms and intent of this resolution. 3.
This resolution shall take effect when adopted. DESCRIPTION OF EQUIPMENT
See attached Project Implementation Plan (PIP) Project Plan and Cost Principal $1,531,342.56
Interest $110,046.78
Total 3 year payment $1,641,389.34
Annual Cost per year is $547,129.78. CERTIFICATION OF DISTRICT CLERK I, __________________________, District Clerk of the aforementioned School District, hereby certify that the above resolution was adopted by the required majority vote of the Board of Education at its meeting held on ________________________, 2023, and have attached a copy of such resolution. _____________________________ District Clerk _____________________________ Date