Common Contracts
1 similar Lease-Purchase Agreement contracts
SOUTH DAKOTA BOARD OF REGENTSLease-Purchase Agreement • May 5th, 2020
South Dakota State University requests Board of Regents’ authorization to enter into a lease-purchase agreement with the SDSU Foundation for improved property in Pennington County for the use and benefit of the SDSU West River Agriculture Center. The lease- purchase of the property was approved by the 2018 Legislature in SB53. The approval stipulated that the lease term may not exceed three million five hundred thousand dollars ($3,500,000) plus accrued interest. The real property is described as follows:
