23-0573

Recommendation to adopt resolution authorizing City Manager, or designee, to execute a contract, and any necessary documents including any necessary subsequent amendments, with Los Angeles Truck Centers, LLC, dba Velocity Truck Centers, of Whittier, CA, an authorized distributor of Crane Carrier trucks, for the purchase of 10 CNG Crane Carrier, Roto-Pac side loader refuse trucks, with related equipment and accessories, on the same terms and conditions afforded to Sourcewell, in a total amount not to exceed $4,765,507, inclusive of taxes and fees; and 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 financing of Roto-Pac refuse trucks, payable over a seven-year period at an interest rate to be determined when the agreement is executed. (Citywide)

Resolution Adopted Introduced May 19, 2023

What this record is

Held by: Los Angeles Truck Centers, LLC 16 records across this site
Amount: $4.77M
Runs until: May 19, 2030 4 years away calculated from the contract term stated in the record
Type: amendment
Field: Vehicles & equipment

Read automatically from the title of the official record. The source document below is authoritative.