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LEE’S SUMMIT R-7 SCHOOL DISTRICT LEASE PURCHASE INITIATIVES

LEE’S SUMMIT R-7 SCHOOL DISTRICT LEASE PURCHASE INITIATIVES ▲ “New” Compressed Natural Gas (CNG) School Buses ▲ “New” Compressed Natural Gas Facility Services vehicles

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LEE’S SUMMIT R-7 SCHOOL DISTRICT LEASE PURCHASE INITIATIVES

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  1. LEE’S SUMMIT R-7 SCHOOL DISTRICT LEASE PURCHASE INITIATIVES ▲ “New” Compressed Natural Gas (CNG) School Buses ▲ “New” Compressed Natural Gas Facility Services vehicles ▲ Purchase of a storage building and additional parking property ▲ Technology infrastructure upgrades and equipment district wide ▲ Phases VII & VIII future Performance Contract options “Innovative applications of Capital and Alternative resources” Dr. David McGehee, Superintendent of Schools Dr. Tom Kurucz, Deputy Superintendent of Operations Ron Cox, Director of Purchasing and Distribution Services Rick Steagall, Assistant Director of Facility Services Linda Thompson, Director of Transportation Services Dr. Amy Gates, Executive Director of Technology Services Lee’s Summit, MO 64086 301 N.E. Tudor Road 816 986-1000

  2. LEE’S SUMMIT R-7 SCHOOL DISTRICT DISTRICT PROFILE • A Kansas City, Missouri suburban District • City of Lee’s Summit population 100,000 • The District encompasses 117 square miles • 2013 - 14 Student enrollment nearly 18,000 • 149 buses travel 2,000,000 miles a year • Over 13,000 students transported daily

  3. LEE’S SUMMIT R-7 SCHOOL DISTRICT LEASE PURCHASE INITIATIVES • Ten-year $28.3M lease purchase agreement • 196 “new” Compressed Natural Gas (CNG) vehicles • Technology infrastructure & equipment upgrades • Property, building, parking area purchase • Funded by: • Savings and redirected budget funds • Alternative resource options • Federal fuel subsidies • Corporate and Utility company support • Limited outside grant resources 2

  4. LEE’S SUMMIT R-7 SCHOOL DISTRICT LEASE PURCHASE PARTNERS ● Clean Energy ● Midwest Bus Sales ● Thomas Built Buses/Daimler ● George K. Baum ● Metropolitan Energy Center/ Clean Cities ● Missouri Gas Energy ● Alexander Operating Systems ● Ford Motor Company Olathe, KS ● AMERESCO 3

  5. LEE’S SUMMIT R-7 SCHOOL DISTRICT LEASE PURCHASE RATIONALE • Offset rising capital replacement cost for an aging school bus and service vehicle fleet • Provide “new” fuel efficient CNG vehicles • Reduce fuel reliance on foreign oil products • Operate with cleaner air quality and sound reduction • Emphasize to students a “Green” school/city impact • Meet a Board directive for use of alternative funds 4

  6. LEE’S SUMMIT R-7 SCHOOL DISTRICT KCTV CHANNEL 5 MEDIA REPORT 6

  7. LEE’S SUMMIT R-7 SCHOOL DISTRICT NEW COMPRESSED NATURAL GAS (CNG) BUS 5

  8. LEE’S SUMMIT R-7 SCHOOL DISTRICT PRIVATE “TIMED” CNG BUS FILL STATIONS 6

  9. LEE’S SUMMIT R-7 SCHOOL DISTRICT PUBLIC “FAST” CNG FILL STATION 7

  10. LEE’S SUMMIT R-7 SCHOOL DISTRICT CITY OF KCMO CNG VEHICLES NOW OPERATING 8

  11. LEE’S SUMMIT R-7 SCHOOL DISTRICT TEN-YEAR REVENUE SOURCE SUMMARY •$8.5M Annual District “new” vehicle replacement budget • $5.0M Annual District technology infrastructure budget • $11.2M Redirected ten-year fuel & maintenance savings * • $1.8M R-7 Royalties and Federal CNG fuel subsidies • $1.9M Trade-in and/or direct sales of current fleet • $1.5M “No Tax” increase planned future Bond Issues • $0.8M Redirected current Performance Contract payments • $1.1M Utility fuel rebates and limited grant funds TOTAL ALL FUNDING RESOURCES $31,800,000 * FUEL SAVINGS EXAMPLE: Current Diesel @ $3.75 CNG @ $1.17 Estimated at the pump savings $2.58, nearly 70% for the R-7 School District 9

  12. LEE’S SUMMIT R-7 SCHOOL DISTRICT TEN-YEAR EXPENDITURE PLAN SUMMARY • $18.1M 149 “new” CNG school bus TYPE A and C/D units • $2.1M 47 “new” CNG Facility and Distribution trucks & vans • $0.7M One-time district building and parking capital expense • $0.3M One-time bus shop, radio, and camera upgrade cost • $5.0M One-time technology infrastructure upgrade • $1.8M Ten-year interest payments, including legal fees TOTAL ALL EXPENDITURES • $28,300,000 10

  13. LEE’S SUMMIT R-7 SCHOOL DISTRICT LEASE PURCHASE BUDGET “CARRY-OVER” $3,500,000 ● $0.5M for Lease Purchase Initiatives Contingencies ● $3.0M of a $10M AMERESCO Performance Contract FY16

  14. LEE’S SUMMIT R-7 SCHOOL DISTRICT • Brand new fuel efficient District “CNG” vehicle fleet • Initiatives provide a “carry-over” of $3,500,000 • Supports a future $10,000,000 “Performance Contract” • Provides a sustainable, cost effective “Green” impact • Adds a $5,000,000 “technology” infrastructure upgrade • Reduces fuel reliance on “Foreign” oil products • For Further information please contact: • Ron Cox Director of purchasing and Distribution • Lee’s Summit R-7 School District • Lease Purchase Initiatives Project Coordinator • (816) 986-2195 TEN-YEAR LEASE PURCHASE “HIGHLIGHTS”

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