Explanation
Background: This ordinance authorizes the Director of Recreation and Parks to enter into the first year of a five-year lease agreement with PNC Bank National Association dba PNC Equipment Finance, LLC and Lake Erie Golf Cars, LLC for the lease payments and maintenance of 425 golf riding carts and 13 specialty vehicles; authorizes the expenditure of $570,269.00 from the Recreation and Parks Operating Fund for the 2026 lease agreement payments; and declare an emergency.
The lease and maintenance agreements include three parties:
· The City of Columbus, Department of Recreation and Parks, Lessee
· PNC is the source of financing, Lessor
· Golf cart lease agreements will be with PNC
· Yearly legislation will occur to authorize funding for lease payments to PNC
· Lake Erie Golf is the golf cart maintenance company
· Lake Erie Golf will provide all cart maintenance for the duration of all contracts
· Lake Erie Golf does not receive payment from the City for their contracted services
All bids were obtained through a request for proposals through the City of Columbus vendor services RFQ030517 via the Bonfire portal, and the Department of Recreation and Parks staff has selected Lake Erie Golf Cars, LLC as the lowest, responsible, responsive, and best bidder in accordance with City Code 329.
Principal Parties:
PNC Bank National Association
DBA PNC Equipment Finance LLC
Staysi Garcia Morillo, 267-960-4076
PO Box 931034
Cleveland, OH 44193
CC-001606, Exp 2/8/2025
Lake Erie Golf Cars LLC
26565 Miles Road Suite 200
Danny Hayes, 614-808-5735
Warrensville Heights, OH 44128
CC-006916, Exp 10/27/2027
Emergency Justification: It is immediately necessary to authorize the Director to enter into a new lease agreement for the lease purchase payments of the golf riding carts as the payment is due April 1, 2026.
Benefits to the Public: Golf carts are necessary to the operation of the golf courses.
Area(s) Affected: All six municipal golf courses.
Fiscal Impac...
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