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Sponsor: Director of the Finance Department Authorizing the Director of Finance to accept a proposal of Banc of America Public Capital Corp. ("BAPCC") to finance the acquisition of twelve ambulances and equipment for the Fire Department (Project); estimating revenue and appropriating $5,003,940.00 in Fund No. 3230, the Equipment Lease Capital Acquisition Fund; authorizing the execution of any and all documents and agreements necessary for the financing; authorizing the Director of Finance to close project accounts upon completion; approving lease counsel; declaring the intent of the City to reimburse itself from the lease purchase proceeds for certain expenditures; and recognizing this ordinance as having an accelerated effective date.

Ordinance Passed Introduced October 9, 2024
Committee
Finance, Governance and Public Safety Committee
Requested by
Director of Finance
Introduced
October 9, 2024
On agenda
October 29, 2024
Passed
October 31, 2024

Where it was heard

Council Oct 31, 2024 Passed Pass Finance, Governance and Public Safety Committee Oct 29, 2024 Council Oct 24, 2024 referred

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