Long Beach

City Council

May 02, 2023 Item #17

Agenda Item 17

17. 23-0427 Recommendation to adopt a resolution authorizing City Manager, or\ndesignee, to execute a contract, and any necessary documents\nincluding any necessary subsequent amendments, with Haaker\nEquipment Company, of La Verne, CA, for the purchase of 14\nCNG-fueled Elgin Pelican Street Sweepers, with related equipment\nand accessories, on the same terms and conditions afforded to\nSourcewell, in a total amount not to exceed $7,569,333, inclusive of\ntaxes and fees; and\nAuthorize City Manager, or designee, to execute a lease-purchase\nagreement, and related financing documents, with Banc of America\nPublic Capital Corp, of San Francisco, CA, for the financing of street\nsweepers, payable over a five-year period at an interest rate to be\ndetermined when the agreement is executed. (Citywide)\nOffice or Department: FINANCIAL MANAGEMENT\nSuggested Action: Approve recommendation.\nCIVIC CHAMBERS, 5:00 PM