ยง 1725. Lease of personal property. 1. Notwithstanding any incon-
sistent provision of law, a board of education of any union free school
district may enter into agreements for the lease of personal property.
2. Before executing any such agreement, the board of education must
adopt a resolution determining that such agreement is in the best
financial interests of the school district and stating the bases of that
determination.
3. No agreement for the lease of personal property shall be for a term
of more than the current school year unless such agreement shall be
approved by the voters of the district, either as a separate proposition
or as an appropriation with indication that a lease is intended or
possible, or unless the board of education shall have determined that
such lease of property is an ordinary contingent expense.
4. Such agreements shall be subject to the bidding requirements of the
general municipal law for purchase contracts.
Structure New York Laws
Title 2 - School District Organization
Article 35 - Union Free School Districts
1701 - Boards of Education Corporate Bodies.
1702 - Board of Education; Election; Terms of Office.
1703 - Change in Number of Members of Board of Education.
1704 - Length of School Year, and Expenditure of Funds.
1705 - Annexing Territory to a Union Free School District.
1706 - Power of Removal of Member of Board of Education.
1707 - Annual Organizational Meetings of Boards of Education.
1708 - Regular Meetings; Visitation of Schools.
1709 - Powers and Duties of Boards of Education.
1709-A - Powers of Boards of Education to Ban Fraternities, Sororities and Other Secret Societies.
1710 - Boards of Education Have Powers of Trustees of Common Schools and Trustees of Academies.
1711 - Appointment of Superintendent of Schools.
1712 - Kindergartens; Nursery and Night Schools.
1713 - Academy May Be Adopted as Academic Department.
1714 - Contracts With Academies.
1715 - Retransfer of Academy to Its Former Trustees.
1716 - Estimated Expenses for Ensuing Year.
1717 - Corporate Authorities Must Raise Tax Certified by Board of Education.
1718 - Limitation Upon Expenditures.
1719 - Deposit, Custody and Payment of Moneys in Villages.
1720 - Moneys and Accounts in Union Free School Districts.
1722 - Application of Article.
1723-A - Temporary Investment of School Moneys.
1724 - Form and Audit of Claims.
1725 - Lease of Personal Property.
1725-A - Powers of Boards of Education; Instructional Equipment.