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capability to monitor and talk with all other agencies in the County should there be a natural disaster, terrorist event, or need for mutual aid. F. The City of Santa Ana's share of the backbone and/or system upgrade and cost for purchase of P25 compliant equipment was estimated by the County of Orange (lead agency for the joint powers agreement) to be $8,055,506.00 over the three year fiscal period for 2015-16, 2016-17 and 2017-18. This amount also includes contingencies, document fees and interest. G. Partnership costs, allocated by the total number of radios in each agency's inventory as provided to the County, are distributed to all law enforcement, fire, public works and lifeguard agencies that utilize the 800 MHz system. The 800 MHz radio infrastructure equipment that is at or near its end of life will be replaced with a newer version. Specifically, 565+ Quantar radio base stations countywide will be replaced with new GTR8000 models that comply with the "Next Generation" radio system. The replacement of ancillary equipment at 25 radio sites began in FY 2016-17 and will continue into FY 2017-18. H. The City adopted Resolution 2015-022, authorizing the ten year financing agreement with Holman Capital on May 19, 2015. The terms of the financing agreement with Holman Capital Corporation provided the funding necessary to fulfill the City's commitment for the first two fiscal years of the 800 MHz backbone upgrade costs, along with the programming, Installation and contract contingency at an amount not to exceed $1,125,086 (principal and interest costs). I. The City's costs (Partnership Costs), for participating in the Next Generation systems, for the third year fiscal period is as follows: FY 2017-18 - $1,652,015.04. The financing agreement with Holman Capital Corporation will provide the funding necessary to fulfill the City's commitment for the 800 MHz backbone upgrade costs, along with the programming and contract contingency (principal and interest costs). J. The City of Santa Ana has determined that the financing agreement with Holman Capital Corporation for the City's portion or partnership costs of the 800 MHz Countywide Coordinated Communication System backbone (i.e. "Next Generation" radio system) upgrade is in the best interest of the City of Santa Ana. Section 2. NOW THEREFORE, BE IT RESOLVED AND ORDERED that the City Council of the City of Santa Ana does hereby authorize the City Manager or Executive Director of Finance to enter into an eight year financing agreement with Holman Capital Corporation for the City's portion of the 800 MHz Countywide Coordinated Communication System backbone system upgrade along with the programming, installation and contract contingency; enter into an escrow agreement with Holman Capital Corporation as part of the financing agreement through Santa Cruz County Bank, and execute any documents and/or make any assurances that are necessary for the execution of -the agreements. Resolution No, 2017-024 Page 2 of 4