Long Beach, CA
File #: 23-0573    Version: 1 Name: FM - Velocity Truck Center-10 CNG Crane Carrier Roto-Pac side loader refuse trucks
Type: Resolution Status: Adopted
File created: 5/19/2023 In control: City Council
On agenda: 6/6/2023 Final action: 6/6/2023
Title: Recommendation to adopt resolution authorizing City Manager, or designee, to execute a contract, and any necessary documents including any necessary subsequent amendments, with Los Angeles Truck Centers, LLC, dba Velocity Truck Centers, of Whittier, CA, an authorized distributor of Crane Carrier trucks, for the purchase of 10 CNG Crane Carrier, Roto-Pac side loader refuse trucks, with related equipment and accessories, on the same terms and conditions afforded to Sourcewell, in a total amount not to exceed $4,765,507, 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 Roto-Pac refuse trucks, payable over a seven-year period at an interest rate to be determined when the agreement is executed. (Citywide)
Sponsors: Financial Management
Attachments: 1. 06062023-R-27sr&att, 2. RES-23-0086.pdf
Related files: 36606_000
TITLE
Recommendation to adopt resolution authorizing City Manager, or designee, to execute a contract, and any necessary documents including any necessary subsequent amendments, with Los Angeles Truck Centers, LLC, dba Velocity Truck Centers, of Whittier, CA, an authorized distributor of Crane Carrier trucks, for the purchase of 10 CNG Crane Carrier, Roto-Pac side loader refuse trucks, with related equipment and accessories, on the same terms and conditions afforded to Sourcewell, in a total amount not to exceed $4,765,507, 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 Roto-Pac refuse trucks, payable over a seven-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 Los Angeles Truck Centers, LLC, dba Velocity Truck Centers, for the purchase and delivery of 10 CNG Crane Carrier, Roto-Pac side loader refuse trucks, for use by the Public Works Department (Public Works), and execute a lease-purchase agreement through the City of Long Beach’s (City) Master Lease Agreement with Banc of America Public Capital Corp, for the financing of refuse trucks payable over a seven-year period.

The 10 Roto-Pac side loaders will be used by the Environmental Services Bureau (ESB) of Public Works for residential organics collection. Collection and diversion of organic material was mandated in 2016 when Governor Brown signed into law California Senate Bill (SB) 1383, effective January 1, 2022. These side loaders are specially designed for the collection and transportation of organic waste and will support Refuse Operations with the new statewide mandatory organic waste collection program.

With the passage of SB 1383, the City utilizes a third bin to collect the organic material (yard deb...

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