City of Long Beach Council Meeting Minutes May 12 2026
Banc of America Financing for Skid Steer Loader
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Description
Long Beach authorized a 10-year lease-purchase financing agreement with Banc of America Public Capital Corp to fund a John Deere 330P-Tier skid steer loader acquisition. The interest rate will be finalized at execution.
Contract Details
Vendor
BANC OF AMERICA PUBLIC CAPITAL CORP
Agency
City of Long Beach, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
10-year lease-purchase period
Renewal Info
Single 10-year financing term; no renewal options indicated.
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