Long Beach

City Council

28. 25-54165 Recommendation to authorize City Manager, or designee, to execute a lease- purchase agreement and related financing documents with Banc of America Public Capital Corp, of San Francisco, CA, for financing the purchase and delivery of refuse and recycling containers, under Contract No. 34856 with Rehrig Pacific Company, a Delaware corporation, payable over a ten-year period at an interest rate to be determined when the agreement is executed and any necessary documents, including any necessary amendments. (Citywide) Office or Department: Public Works Suggested Action: Approve recommendation.