City and County of Denver - File #: 19-0759

• File #: 19-0759
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 7/22/2019
• In control: Finance & Governance Committee
• On agenda: 9/16/2019
• Final action: 9/16/2019
• Title: A resolution approving a proposed Equipment Lease Agreement between the City and County of Denver and Banc of America Public Capital Corp., for the lease purchase of new compost collection vehicles to support Public Works Solid Waste operations, citywide. Approves a capital equipment lease agreement with Banc of America Public Capital Corp. for $4,215,161.78 and for five years for the financing of new compost collection vehicles to support Public Works Solid Waste operations, citywide (FINAN-201951220). The last regularly scheduled Council meeting within the 30-day review period is on 10-7-19. The Committee approved filing this item at its meeting on 7-30-19.
• Indexes: Jonathan Griffin

Date	Ver.	Action By	Action	Result
9/17/2019	1	Council President	signed
9/16/2019	1	City Council	adopted	Pass
7/30/2019	1	Finance & Governance Committee	approved by consent	Pass

Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 7-22-19

Requesting Agency: Finance
Division:

Subject Matter Expert Name:

Name: Beth Strauss
Email: beth.strauss@denvergov.org

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A resolution approving a proposed Equipment Lease Agreement between the City and County of Denver and Banc of America Public Capital Corp., for the lease purchase of new compost collection vehicles to support Public Works Solid Waste operations, citywide.
Approves a capital equipment lease agreement with Banc of America Public Capital Corp. for $4,215,161.78 and for five years for the financing of new compost collection vehicles to support Public Works Solid Waste operations, citywide (FINAN-201951220). The last regularly scheduled Council meeting within the 30-day review period is on 10-7-19. The Committee approved filing this item at its meeting on 7-30-19.
body

Affected Council District(s) or citywide? Citywide

Contract Control Number: FINAN-201951220

Vendor/Contractor Name (including any "DBA"): Banc of America Public Capital Corp.

Type and Scope of services to be performed:
This resolution seeks approval to finance the acquisition of compost collection vehicles ("Equipment") for the Department of Public Works-Solid Waste Management Division ("Public Works"). The Equipment will be incremental to the City's existing fleet. ...