N.Y. Educ. Law § 1725-a

§ 1725-a. Powers of boards of education; instructional equipment.\nNotwithstanding any inconsistent provision of law, the board of\neducation of any school district is hereby authorized and empowered to\nenter into agreements for the lease-purchase of instructional equipment,\nwith the payments to be applied against the purchase price of the\nequipment. The term "instructional equipment" shall be defined in\nregulations by the commissioner. Any such lease-purchase agreements\nshall have the prior written approval of the commissioner before\nexecution. Such agreements shall be subject to the bidding requirements\nof the general municipal law.\n