| Date | County | City | Meeting Type | Item Type | Item | Description |
|---|---|---|---|---|---|---|
| 20250507 | LA County | Monterey Park | City Council | Order of Business 5 | 5-C. CONSIDERATION AND POSSIBLE ACTION TO ADOPT A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A MASTER EQUIPMENT/LEASE AGREEMENT WITH BANC OF AMERICA PUBLIC CAPITAL CORP. FOR FINANCING UP TO $3 MILLION, IN A FORM APPROVED BY THE CITY ATTORNEY, FOR VARIOUS EQUIPMENT; AND AUTHORIZING THE CITY MANAGER, OR DESIGNEE TO ENTER INTO CONTRACTS, IN A FORM APPROVED BY THE CITY ATTORNEY, FOR THE PURCHASE OF EQUIPMENT It is recommended that the City Council consider: (1) Adopting a Resolution authorizing the City Manager to enter into a Master Equipment/Lease Agreement with Banc of America Public Capital Corp. for financing up to $3 million, in a form approved by the City Attorney, for various equipment; (2) Authorizing the City Manager, or designee, to execute an agreement, in a form approved by the City Attorney, with KME Fire Apparatus for the purchase of a fire engine; (3) Authorizing the City Manager, or designee, to execute an agreement, in a form approved by the City Attorney, for the purchase and installation of replacement HVAC units; (4) Authoring the City Manager or designee, to execute an agreement, in a form approved by the City Attorney, for a Ford F-650 dump truck; and (5) Taking such additional, related, action that may be desirable. | May 07, 2025 LA County Monterey Park City Council Order of Business 5 #C |