Downey
City Council
Agenda Item 13
13. ADOPTION OF A RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF A\nMASTER EQUIPMENT LEASE PURCHASE AGREEMENT AND APPROVING RELATED\nDOCUMENTS AND ACTIONS FOR THE PURCHASE OF TWO (2) NEW FIRE ENGINES: Fire.\nTHAT THE CITY COUNCIL:\n1) APPROVE THE FINANCING AGREEMENT WITH PNC EQUIPMENT FINANCE IN THE\nAMOUNT OF $2,407,169.60 FOR THE PURCHASE OF TWO PIERCE ENFORCER TYPE-I\nTRIPLE COMBINATION PUMPER FIRE ENGINES AND AUTHORIZE THE CITY\nMANAGER, OR HIS DESIGNEE, TO EXECUTE THE AGREEMENT; AND,\n2) ADOPT RESOLUTION NO. 25-8310, AUTHORIZING EXECUTION AND DELIVERY OF A\nMASTER EQUIPMENT LEASE PURCHASE AGREEMENT AND APPROVING RELATED\nDOCUMENTS AND ACTIONS.