Item #35
Regular City Council Meeting
Mayor approved to lease/finance equipment for energy project with Banc of Americ
City commits to a sole-source equipment lease/purchase deal funded by bond financing with Banc of America Public Capital Corp for a guaranteed energy project. Details on project scope, equipment type, and cost missing from public record.
Counterparty:
Banc of America Public Capital Corp
Funding source:
Bond
Action type:
Resolution