Item 53

Authorize on behalf of the Department of Administrative Services, to enter into an Equipment Lease/Purchase Agreement dated as of July 6, 2022 with Banc of America Public Capital Corporation in an amount not to exceed $4,005,712 and to enter into an Escrow and Account Control Agreement dated as of July 6, 2022 by and among the State, Banc of America Public Capital Corporation and Bank of America, Wilmington Trust, National Association, as escrow agent. Effective upon G&C approval through June 30, 2043. (2) Further authorize to encumber funds for repayment to Banc of America Public Capital Corporation, in the estimated amount not to exceed $5,332,920 for the period from July 6, 2022 through June 30, 2043, for the payment of construction financing of a contract with Energy Systems Group, LLC. to install energy and fossil fuel energy conservation measures at eight state owned buildings located at various locations in the state as detailed in letter dated June 1, 2022.