Long Beach
City Council
26. 26-54301 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 the purchase and financing of
personal computers, pursuant to the Agreement with Dell Marketing, LP., utilizing
the approved Region XIV Education Service Center, OMNIA Partners agreement,
in a not to exceed purchase amount of $2,320,500, plus related financing costs
including principal, interest, and escrow fees at an interest rate to be determined
when the agreement is executed. This financing would be payable over a four-year
period. (Citywide)
Office or Department: Technology and Innovation
Suggested Action: Approve recommendation.