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Title:
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Recommend City Council adopt resolution approving financing agreement with JPMorgan Chase Bank, N.A. in amount of $4,814,000 plus interest payable over a 7-year period at estimated interest rate of approximately 4.149 percent - Authorize increase in estimated revenues in amount of $4,814,000 to reflect proceeds of capital lease financing agreement - Authorize supplemental appropriation in amount of $4,814,000 from Water Fund, Water Automotive Equipment Account, for purchase of vehicles and related equipment - Authorize estimated costs of issuance expenditures of $50,000 associated with this financing to be paid from existing appropriations in Water Fund, Debt Related Fiscal Charges Account
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