Accept a Bank of America Proposal for lease financing to purchase capital equipment, Approve Resolution 24-108 for a Master Lease Agreement with Bank of America for debt proceeds up to a maximum of $2,600,000; Approve a Resolution Amending the FY25 Budget BAF # 25-015-A in the Amount of $309,793 for Critical I.T. Infrastructure; Approval authorizing the Authorized Officials stated in the Resolution and City Attorney to execute documents necessary to complete the debt financing. Further, approval authorizing the City Manager’s authority to make necessary budgetary changes of debt proceeds and debt payments and equipment costs to correspond to Bank of America’s proposal. (Finance Director)
What this record is
- Held by
- Bank of America 14 records across this site
- Amount
- $310K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- purchase
- Field
- Real estate
- Compared to
- $20K – $120K the middle half of 5 other Bank of America contracts; median $91K
real estate contracts in FL 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.
Bank of America also holds
C.B. 26-52 -- An Emergency Ordinance authorizing the Mayor to execute the Term Sheet with Bank of America, National Association for the lease purchase… Comprehensive Banking Services Agreement with Bank of America. Communication from the Finance Manager requesting approval to execute the renewal of the City's purchasing card contract with Bank of America.Gentleme… RFP No. 2026-025 - Bank Depository Agreement. (Authorize the City Manager to finalize and execute the necessary documents with Bank of America in the … Motion Approving a Sponsorship Agreement with Bank of America Corporation, for the 2026 Starlight Musical event series held at Holiday Park from June …All 14 records for Bank of America →
- Committee
- City Council
- Introduced
- November 27, 2024
- On agenda
- December 10, 2024
Where it was heard
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