Encinitas

City Council

June 26, 2024 Order of Business 8 #R

Agenda Item R

8R. Lease/purchase financing for the City’s purchase of a Pierce Velocity Tractor\nDrawn Aerial (TDA) Fire Engine in the amount of $2,100,891. Environmental\nConsiderations: The action being considered by the City Council is exempt\nfrom the California Environmental Quality Act (CEQA) because it is not a\n"project" under Section 15378(b)(5) of CEQA Guidelines. The action involves\nan organizational or administrative activity of government that will not result in\n6/21/24, 2:47 PM encinitas.granicus.com/GeneratedAgendaViewer.php?view_id=7&event_id=4499\nthe direct or indirect physical change in the environment. Contact Person:\nFinance Manger Attili\nRecommended Action: 1) Authorize Staff to seek financing for the purchase\nof a Pierce Velocity Tractor Drawn Aerial Truck (TDA) Fire Engine in the\namount of $2,100,891; and 2) Adopt Resolution 2024-38, titled, "A Resolution\nof the City Council of the City of Encinitas, California, Declaring its intent to\nissue tax-exempt financing to be used to reimburse the City of qualified\nexpenditures prior to the issuance of such financing and to authorize the City\nManager or her designee to take any and all necessary steps to complete the\nfinancing."\n2024-06-26 Item 08R TDA Fire Truck Financing