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File #: ID#26-025    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/28/2026 In control: City Council
On agenda: 2/3/2026 Final action: 2/3/2026
Title: Approval of 2026 Fire Equipment Lease and Direct Purchase
Attachments: 1. Salinas 2026 Eqpt Lease - Staff Report 2-3-26, 2. Attachment 1 - Authorizing Resolution, 3. Attachment 2 - 2012 MELPA, 4. Attachment 3 - Schedule of Property No 4, 5. Attachment 4 - Escrow and Account Control Agreement, 6. Attachment 5 - BAPCC Term Sheet, 7. Attachment 6 - Presentation

Title

Approval of 2026 Fire Equipment Lease and Direct Purchase

Recommended Action

Approve a Resolution approving an Equipment Lease/Purchase Agreement and an Escrow and Account Control Agreement and authorizing certain actions in connection therewith relating to the financing of certain equipment for the City; and approve the appropriation of $1,477,678 to the Vehicle Replacement Fund (7121) with a corresponding transfer in from the General Fund for direct purchase of two apparatuses.