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

Where it was heard