|
Title:
|
Authorizing the Director of Finance to accept a proposal of Banc of America Public Capital Corp. (“BAPCC”) to finance the acquisition of fleet vehicles and accessories for the Parks and Recreation Department (“Project”); authorizing the execution of any and all documents and agreements necessary for the financing; designating requisitioning authorities; estimating revenue and appropriating $5,950,745.00 in the Equipment Lease Capital Acquisition Fund; authorizing the Director of Finance to close project accounts upon completion; approving Lease Counsel; and declaring the intent of the City to reimburse itself from the lease purchase proceeds for certain expenditures.
|