TITLE
Recommendation to adopt a resolution authorizing City Manager, or designee, to execute a contract, and any necessary documents including any necessary subsequent amendments, with Haaker Equipment Company, of La Verne, CA, for the purchase of 14 CNG-fueled Elgin Pelican Street Sweepers, with related equipment and accessories, on the same terms and conditions afforded to Sourcewell, in a total amount not to exceed $7,569,333, inclusive of taxes and fees; and
Authorize City Manager, or designee, to execute a lease-purchase agreement, and related financing documents, with Banc of America Public Capital Corp, of San Francisco, CA, for the financing of street sweepers, payable over a five-year period at an interest rate to be determined when the agreement is executed. (Citywide)
DISCUSSION
City Council approval is requested to enter into a contract with Haaker Equipment Company (Haaker), for the purchase and delivery of 14 CNG-fueled, Elgin Pelican Street Sweepers, for use by the Public Works (PW) Department, and execute a lease-purchase agreement through the City of Long Beach’s (City) Master Lease Agreement with Banc of America Public Capital Corp (BAPCC), for the financing of street sweepers payable over a five-year period.
The Environmental Services Bureau of the PW Department is replacing 14 Elgin Pelican CNG street sweepers that are currently lease-financed and are due to be replaced in Fiscal Years (FY) 2023 and 2024. The current sweepers are nearing the end of their useful lifecycle, with the last remaining lease payment scheduled to be completed in September 2024. The first of the new sweepers will be delivered October 2024. Purchasing the replacement units now will minimize repair downtime and ensure the lowest net operational costs for the City.
Elgin Pelican broom sweepers make up the majority of the City’s street sweeper fleet and have proven most effective at clearing large, heavier debris such as leaf fall, common in many of Long Beach’s hea...
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