| Date | County | City | Meeting Type | Item Type | Item | Description |
|---|---|---|---|---|---|---|
| 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 330: Click Here to Submit a Comment Authorization for the Public Facilities Financing Authority of the City of San Diego Sewer Revenue Bonds. This item will be considered in the afternoon session which is scheduled to begin at 2:00 p.m. Total Estimated Cost of Proposed Action and Funding Source: Estimated debt service for the 2026 Sewer Bonds is $15 million annually from Fiscal Year 2027 to Fiscal Year 2056, paid from the Sewer Revenue Fund. Council District(s) Affected: Citywide. Proposed Actions: (O-2026-43) Introduction of an Ordinance approving the forms and authorizing the execution and delivery of one or more supplemental indentures, supplements to master installment purchase agreement, bond purchase agreements, escrow agreements and continuing disclosure certificates; and approving and authorizing the issuance and sale by the Public Facilities Financing Authority of the City of San Diego of one or more series of its senior or subordinated 2026 sewer revenue bonds and approving other related documents and actions. 6 votes required pursuant to Charter Section 99. Committee Actions Taken: This item was heard at the Budget and Government Efficiency Committee meeting on November 5, 2025. ACTION: Motion by Council President Pro Tem Lee, second by Councilmember EloRivera, to recommend Council approval of staff’s proposed actions. VOTE: 4-0; Foster III-yea, Moreno-yea, Elo-Rivera-yea, Lee-yea. Department of Finance: Jyothi Pantulu, (619) 236-6917 City Attorney Contact: Marguerite Ella Middaugh See the PFFA Agenda of November 18, 2025, for a related item. | November 18, 2025 San Diego County San Diego City Council Item #330 |