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Consider awarding a Sole Source Contract to NEC Business Network Solutions, Inc. (a local vendor) to acquire Local Area Network (LAN) Communications Equipment and Devices to Construct the Santa Barbara County CalWIN Network, as follows:
a) Authorize the Purchasing Agent to execute a sole source contract with NEC Business Network Solutions, Inc, to acquire CalWIN Network equipment in the amount of $286,072.30;
b) Approve Debt Advisory Committee (DAC) recommended financing option to use California Communities lease financing of $656,084 for five years at 3.24% interest and direct the Auditor-Controller and Treasurer-Tax Collector to execute the financing documents;
c) Approve a Budget Revision Request to decrease federal revenue and increase proceeds from long term debt in the amount of $656,084.
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