City Council

10.\nStaff requests City Council approval to enter a Master Equipment Lease-Purchase\nAgreement with Banc of America Public Capital Corp (“BAPCC”) and / or an affiliate of\nBAPCC (the “Lender”) in an amount not to exceed $2 million to finance acquisition of\nambulance vehicles and ancillary equipment for the City-Operated Ambulance Program.\nProposed Motion:\n1.\nAdopt Resolution No. 2025-XXX.\nRESOLUTION NO. 2025-XXX - A RESOLUTION OF THE CITY COUNCIL OF THE\nCITY OF FULLERTON, CALIFORNIA,\nAPPROVING A MASTER EQUIPMENT\nLEASE / PURCHASE AGREEMENT AND ESCROW AND ACCOUNT CONTROL\nAGREEMENT, MAKING REQUIRED\nFINDINGS AND AUTHORIZING\nRELATED ACTIONS IN CONNECTION THEREWITH\n2.\nAuthorize City Manager, or designee, to execute and administer Master Equipment\nLease-Purchase Agreement with Banc of America Public Capital Corp (“BAPCC”)\nand / or an affiliate of BAPCC ( “Lender”) and all related documents and accounts\nincluding Escrow Account, in a form approved by the City Attorney.