City of Oakland - File #: 13-0310

• File #: 13-0310
• Version: 1
• Name: Radio Fleet Replacement And Infrastructure Upgrade
• Type: City Resolution
• Status: Passed
• File created: 1/29/2014
• In control: Meeting of the Oakland City Council
• On agenda: 2/11/2014
• Final action: 2/18/2014
• Title: Subject: Radio Fleet Replacement And Infrastructure Upgrade From: Office Of The City Administrator Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To Negotiate And Execute A Master Lease Agreement And Necessary Related Documents To Provide Funding To Replace The Existing Radio Fleet And Upgrade The Aging Communication Equipment In An Amount Not To Exceed $27,000,000 At An Interest Rate Not To Exceed 4.50% On A Tax-Exempt Basis And 5.75% On A Taxable Basis For A Term Of Not More Than 8 Years

Date	Ver.	Action By	Action	Result
2/18/2014	1	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Adopted	Pass
2/11/2014	1	*Finance & Management Committee	Approved as Amended the Recommendation of Staff, and Forward	Pass
1/30/2014	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Radio Fleet Replacement And Infrastructure Upgrade

From:            Office Of The City Administrator

Recommendation:  Adopt A Resolution Authorizing The City Administrator Or Designee To Negotiate And Execute A Master Lease Agreement And Necessary Related Documents To Provide Funding To Replace The Existing Radio Fleet And Upgrade The Aging Communication Equipment In An Amount Not To Exceed $27,000,000 At An Interest Rate Not To Exceed 4.50% On A Tax-Exempt Basis And 5.75% On A Taxable Basis For A Term Of Not More Than 8 Years