Long Beach
City Council
Agenda Item 26
26. 26-54301\nRecommendation to authorize City Manager, or designee, to execute a lease-\npurchase agreement, and related financing documents, with Banc of America\nPublic Capital Corp, of San Francisco, CA, for the purchase and financing of\npersonal computers, pursuant to the Agreement with Dell Marketing, LP., utilizing\nthe approved Region XIV Education Service Center, OMNIA Partners agreement,\nin a not to exceed purchase amount of $2,320,500, plus related financing costs\nincluding principal, interest, and escrow fees at an interest rate to be determined\nwhen the agreement is executed. This financing would be payable over a four-year\nperiod. (Citywide)\nOffice or Department:\nTechnology and Innovation\nSuggested Action:\nApprove recommendation.