| 20251118 |
San Diego County |
San Diego |
City Council |
Item |
Item 56:
Master Lease Agreements to (i) Finance General Fund Vehicles and Equipment and
(ii) Finance Solid Waste Management Fund Refuse and Recycling Bins.
Total Estimated Cost of Proposed Action and Funding Source:
The City utilizes the Equipment and Vehicle Financing Program (EVFP) as a leasepurchase financing option to fund certain as-needed eligible essential equipment and fleet
needs. Currently, staff is seeking authorization to finance General Fund vehicles in an
amount not to exceed $40.5 million and Solid Waste Management Fund refuse and
recycling bins for the Environmental Service Department in an amount not to exceed
$41.5 million.
Council District(s) Affected: Citywide.
Proposed Actions:
Adopt the following Ordinance which was introduced on 11/3/2025, Item S400, Subitem
A (Council voted 8-1, Councilmember Moreno-nay):
Subitem-A: (O-2026-27 Cor. Copy 2)
Ordinance approving the City of San Diego’s Master Lease Agreement with Banc of
America Public Capital Corporation for the purpose of financing the acquisition of
General Fund vehicles and equipment in an amount not to exceed $40,500,000 and taking
other related actions and declaring its official intent to reimburse itself from the proceeds
of tax-exempt lease-purchase obligations.
Subitem-A: 6 votes required pursuant to Charter Section 99.
Adopt the following Ordinance which was introduced on 11/3/2025, Item S400, Subitem
B (Council voted 6-3, Councilmember Foster III-nay, Councilmember von Wilpert-nay,
Councilmember Campillo-nay):
Subitem-B: (O-2026-40 Cor. Copy)
Ordinance approving the City of San Diego’s Master Lease Agreement with Banc of
America Public Capital Corporation for the purpose of financing the acquisition of Solid
Waste Management Fund refuse and recycling bins in an amount not to exceed
$41,500,000 and taking other related actions and declaring its official intent to reimburse
itself from the proceeds of tax-exempt lease-purchase obligations.
Subitem-B: 6 votes required pursuant to Charter Section 99.
Committee Actions Taken: N/A
Debt Management: Marisol Valdovinos, (619) 236-6903
City Attorney Contact: Marguerite Middaugh |
November 18, 2025
San Diego County
San Diego
City Council
Item
#56
|
| 20251118 |
San Diego County |
San Diego |
City Council |
Item |
Item 103:
Request for Authorization to Apply for, Accept, and Expend the 2024 Local
Partnership Program (LPP) Grant for the Streamview Drive Phase 2 Improvements
Project (S-18000), and Transferring Surplus Funding to Transportation
Infrastructure Projects.
Total Estimated Cost of Proposed Action and Funding Source:
This action allows the City to receive and use a $10 million grant from the Local
Partnership Program (LPP) to help fund the Streamview Drive Phase 2 Improvements
Project. Please see staff report fiscal considerations section for additional information.
Council District(s) Affected: Citywide.
Proposed Actions:
Subitem-A: (R-2026-182)
Resolution determining that authorizing the acceptance, appropriation, and expenditure of
$10,000,000 in 2024 Local Partnership Program grant funding in support of the
Streamview Drive Phase 2 Improvements Projects and transfers of surplus funding to
additional transportation infrastructure projects is exempt from the California
Environmental Quality Act pursuant to CEQA Guidelines section 15061(b)(3).
Subitem-B: (R-2026-181)
Resolution authorizing the Mayor, or his designee, to make applications to California
Transportation Commission and take all necessary actions to secure funding in an amount
not-to-exceed $10,000,000 in Fund CIP S18000 for the Streamview Drive Phase 2
Improvements Project;
Authorizing the Chief Financial Officer to increase the Fiscal Year 2026 CIP Budget, and
to accept, appropriate and expend an amount not-to-exceed $10,000,000, for the purpose
of supporting construction, contingent upon receipt of a fully executed Grant Agreement
if the Grant funding is secured.
Authorizing the Chief Financial Officer to transfer surplus funds to transportation
infrastructure projects which includes $3,620,556.98 within Fund 400169 TRANSNET
EXTENSION 70% CAP transferred as follows: L24005 Barrio Logan Roundabouts
($1,120,556.98) and B26039 Carmel Mountain TS Emergency ($2,500,0000); and
$1,305,791.66 within Fund 400881 DEBT FUNDED GENERAL FUND CIP PROECTS
transferred as follows: B23091 Sidewalk Replacement Group 2330 - LV & N
($153,758.28), B26052 University Ave Sidewalk Improvements ($400,000), B25034
ADA Improvement Group 2504 ($6,213.93), B26018 ADA Improvement Group 2603
($20,000), L24005 Barrio Logan Roundabouts ($217,543.02), B14048 Traffic Signal
Upgrades Citywide FY14 ($90,000.43), and B22154 Installation of City Owned SL 2202
NSG ($418,276).
Committee Actions Taken: N/A
Transportation Department: Gary Chui, (442) 385-4770
City Attorney Contact: Ryan P. Gerrity |
November 18, 2025
San Diego County
San Diego
City Council
Item
#103
|