Explanation
The Purchasing Office established a Universal Term Contract FL-002947 with Textron Golf Turf and Specialty Products, effective January 1, 2006 through December 31, 2011. Under the terms and conditions of the contract, the City annually renews and funds the lease. This ordinance will enable the Finance and Management Director to establish a purchase order with Textron Golf Turf and Specialty Products to provide adequate funding through March 1, 2008, to lease golf cars at the Columbus Municipal Golf Courses. This year, 433 regular riding cars plus 7 riding cars for disabled golfers are leased for all seven (7) Municipal Golf Courses - Airport, Mentel Memorial, Champions, Raymond, Turnberry, Walnut Hill and Wilson Road. The City will retain 65.6% of each rental while 34.4% is paid to Textron Golf Turf and Specialty Products. Textron also maintains the riding cars under the terms of the lease.
Textron Golf Turf & Specialty Products, Contract compliance #05-0315468. (See Attachment ORD1789-2007EZGOLease.doc)
Emergency legislation is requested to assure timely processing of Textron's payments which is their portion of the revenues.
Fiscal Impact:
$43,000.00 is required and budgeted in the Golf Course Operations Fund to meet the financial obligation of this contract.
Title
To authorize and direct the Finance and Management Director to establish a purchase order with Textron Golf Turf and Specialty Products to provide adequate funding through March 1, 2008 for golf cars in accordance with the terms of the Universal Term Contract, to authorize the expenditure of $43,000.00 from the Golf Course Operations Fund, and to declare an emergency. ($43,000.00)
Body
WHEREAS, the Purchasing Office established a Universal Term Contract for the option to lease riding golf cars at our seven (7) Municipal Golf Courses; and
WHEREAS, this revenue sharing contract provides a valuable service to our golfers and adds extra income to the G...
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