City Council

16. 25-56557 Office or Department: Financial Management Suggested Action: Approve recommendation. Recommendation to authorize City Manager, or designee, to execute all documents necessary to amend Contract No. 36238 with Los Angeles Truck Centers, LLC, of Whittier, CA, for the purchase of a compressed natural gas (CNG) fueled Autocar Xpeditor Line Striper Truck, to increase the contract amount by $300,366, for a revised total contract amount not to exceed $801,386, inclusive of taxes and fees; and 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 the financing of a (CNG) fueled Autocar Xpeditor Line Striper Truck, payable over a 10-year period at an interest rate to be determined when the agreement is executed. (Citywide)