return to www.NCBUSSAFETY.org/FINANCE/

NEW ADDRESS: Carlyle Capital Markets Inc., 325 North St. Paul, Suite 800 Dallas, Texas 75201
phone: 214/953-8860 fax: 214/953-4072

• Master Facilitator Agreement between NC State Board of Education and Carlyle Capital Markets, Inc.
  (CCMI) - Final version, signed May 22, 2003
• Master Replacement Bus Financing Agreement between North Carolina LEAs and CCMI - Final Version
• MEMO: April 24 Memo from Philip Price and Derek Graham - 2002 - 2003 Replacement School Buses, Financing Arrangements
• MEMO: May 29 from Philip Price and Derek Graham - LEA Instructions for Financed Purchase of Replacement School Buses
  • Request for Payment: LEA Financed Purchase of Replacement School Buses
• Text of May 29 email from Derek Graham
  
  
• LEA INSTRUCTIONS FOR PROCESSING REPLACEMENT SCHOOL BUS FINANCING DOCUMENTS:
  • Secure approval to finance replacement buses from superintendent, local board, etc
  • Complete Bus Order Form and submit in Red Envelope to DPI Transportation Services
  • Complete Request for Payment form and FAX to DPI Transportation Services (919/807-3578) attn: Steve Beachum. Note:
    You may attach a copy of your EXHIBIT B AGGREGATE LIST OF REPLACEMENT SCHOOL BUSES ANTICIPATED
    TO BE ACQUIRED and put "See Attached" rather than duplicating all of the payment information.
  • Receive from Steve Beachum an approval of the request for payment.
  • Issue a Purchase Order to IC Corporation for the PURCHASE PRICE of the buses (not the financed price)
  • Download a copy of the Master Replacement Bus Financing Agreement (MRBFA) and include
    YOUR EXHIBIT B - AGGREGATE LIST OF REPLACEMENT SCHOOL BUSES ANTICIPATED TO BE ACQUIRED.
  • Fill in the MRBFA and get appropriate signatures IN DUPLICATE as follows :
          a. Page 1, paragraph 1 - fill in DATE, OFFICIAL LEA NAME, LEA ADDRESS
          b. Page 3, first line - fill in OFFICIAL LEA NAME
          c. Page 11, top - fill in LEA NAME, DEPARTMENT and CONTACT NAME for official correspondence related to the financing agreement
              (probably transportation director or finance officer)
          d. Page 11, bottom - Appropriate signature for this agreement - either authorize Board member/chairman OR superintendent, depending on
              local procedures.
          e. Exhbit B - replace with the one provided by DPI Transportation Services
          f.  Exhibit C - Page 1 - fill in OFFICIAL LEA NAME and date of Agreement from Page 1
          g. Exhibit C - Page 2 - Fill in Federal Tax ID Number, date and authorized signature.
              NOTE:Remaining pages contain documents to be completed upon receipt of replacement school buses.
    
    
  • Mail TWO SIGNED ORIGINAL MRBFA's by June 30 to:
    
    Carlyle Capital Markets Inc.
    14755 Preston Road, Suite 424
    Dallas, Texas 75254
    Attention: Barry L. Friedman
    
    
  • CCMI will return one signed original MRBFA to the LEA.

updated 5/28/03