Explanation
To amend ordinance 1781-2010 passed December 13, 2010 which authorized and directed the Director of Recreation and Parks to enter into a lease agreement between the City and Lake Erie Golf Cars, LLC for 198 golf riding cars for a term of five (5) years from 2011-2015. This amended legislation authorizes and directs the Director of Recreation and Parks to enter into and sign a Lease-Purchase Agreement with PNCEF, LLC, dba PNC Equipment Finance, which is the entity that holds title to and provides the financing for these 198 Golf Riding Cars.
Lake Erie Golf Cars, LLC will continue to provide all service, maintenance and repairs for the golf cars under the original contract approved by Ordinance Number 1781-2010. All other non-payment related terms and conditions of the agreement between the City and Lake Erie Golf Cars, LLC remain unchanged.
This lease is for three (3) of the seven (7) golf courses. The other four courses will be bid in 2011 for lease in 2012 and beyond. These four courses will complete their current contract with Textron on December 31, 2011. The Division of Golf will operate in 2011 under two (2) separate agreements for golf riding cars.
Emergency Justification:
Emergency legislation is requested to assure timely processing of the lease with regard to delivery of the golf riding cars so as not to impact the 2011 golfing season.
Financial Impact:
Identified by future legislation, not to exceed $650,400.00.
Title
To authorize and direct the Director of Recreation and Parks to enter into a Lease-Purchase Agreement with PNCEF, LLC dba PNC Equipment Finance for 198 golf riding cars for a term of five (5) years from 2011 to 2015; to amend ordinance 1781-2010; and to declare an emergency. ($650,400.00)
Body
WHEREAS, bids were received by the Columbus Recreation and Parks Department Golf Division on November 24, 2010, and the contract was awarded to Lake Erie Golf Cars, LLC on the basis of lowest and most responsive bidder; and
WHEREAS, A Lease-Purchase Agreement must be entered into with PNCEF, LLC dba PNC Equipment Finance, which is the entity that holds title to and provides the financing for these 198 Golf Riding Cars; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Recreation and Parks in that it is immediately necessary to amend Ordinance 1781-2010 to reflect a lease-purchase agreement with the appropriate entity holding title to said golf riding cars; NOW, THEREFORE
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the director of Recreation and Parks be and is hereby authorized to amend Ordinance Number 1781-2010.
SECTION 2. The Director of Recreation and Parks be and is hereby authorized to enter into contract with PNCEF, LLC dba PNC Equipment Finance for 198 golf riding cars.
SECTION 3. Lake Erie Golf Cars, LLC will continue to provide all service, maintenance and repairs for the golf cars under the original contract approved by Ordinance Number 1781-2010. All other non-payment related terms and conditions of the agreement between the City and Lake Erie Golf Cars, LLC remain unchanged.
SECTION 4. Payment for each year of the lease is subject to City Council approval and a yearly purchase order certified by the Auditor's Office for one year at a time.
SECTION 5. That future legislation will be presented to Council to approve eight (8) lease payments per year, April through November of each year, beginning April 2011.
SECTION 6. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this legislation.
SECTION 7. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or 10 days after passage if the Mayor neither approves nor vetoes the same.