San Diego

City Council

July 06, 2026 Item #200

Agenda Item 200

Item 200: Master Lease Agreement to Finance General Fund Vehicles and Equipment. Council District(s) Affected: Citywide. Expected Public Comment Time: Up to 1 minute(s) per person. (O-2026-147) Agreement with JP Morgan Chase Bank, N.A. for the purpose of financing the acquisition of General Fund vehicles and equipment in an amount not to exceed $48,300,000 and taking other related actions and declaring its official intent to reimburse itself from the proceeds of tax-exempt lease-purchase obligations. 6 votes required pursuant to Charter Section 99.