Recommend City Council adopt resolution approving financing agreement with JPMorgan Chase Bank, N.A. in amount of $4,814,000 plus interest payable over a 7-year period at estimated interest rate of approximately 4.149 percent - Authorize increase in estimated revenues in amount of $4,814,000 to reflect proceeds of capital lease financing agreement - Authorize supplemental appropriation in amount of $4,814,000 from Water Fund, Water Automotive Equipment Account, for purchase of vehicles and related equipment - Authorize estimated costs of issuance expenditures of $50,000 associated with this financing to be paid from existing appropriations in Water Fund, Debt Related Fiscal Charges Account
What this record is
- Held by
- JPMorgan Chase Bank 18 records across this site
- Amount
- $4.81M
- Runs until
- May 29, 2031 5 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
- Field
- Vehicles & equipment
- Compared to
- $1.85M – $6.75M the middle half of 6 other JPMorgan Chase Bank contracts; median $6.23M
vehicles & equipment contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
JPMorgan Chase Bank also holds
Request for approval of an escrow agreement with JPMorgan Chase Bank, N.A. for the Texas Water Development Board grant for the Kickerillo Mischer-Pres… Request for approval of an escrow agreement with JPMorgan Chase Bank, N.A. for the Texas Water Development Board grant for the Halls Aldine Westfield … Approval of a finalized Sale Agreement with JPMorgan Chase Bank for the acquisition of property located at 601 Main Street and the associated parcel o… Discussion and possible action regarding the annual Bank Fee Agreement between JPMorgan Chase Bank, N.A. and the Oklahoma County Treasurer. This agree… Authorize the City Manager, or Designee, to Negotiate and Execute Two Renewal Options Under the Professional Services Agreement with JPMorgan Chase Ba…All 18 records for JPMorgan Chase Bank →
- Committee
- Board of Public Utilities
- Requested by
- Public Utilities
- Introduced
- May 29, 2024
- On agenda
- June 24, 2024
Where it was heard
Board of Public UtilitiesWatch what Riverside buys
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