Explanation
The term of the lease is for five (5) years beginning January 1, 2012 and expiring December 31, 2016. The lease is for 75 golf riding cars each for Raymond and Turnberry Golf Courses and 1 ADA approved single riding car for Raymond, Turnberry, Walnut Hill and Wilson Road Golf Courses. Payment for each year of the lease is subject to annual approval by City Council and a yearly purchase order certified by the Auditor's Office for one year at a time. The total cost of the five (5) year lease is expected to be not more than $557,250.00
Two (2) bids (#SA004187 Lease of 154 Golf Riding Cars-Golf Division 2012-2016) were opened by the Recreation and Parks Department Golf Division on November 21, 2011. The two bidders were:
Lake Erie Golf Cars, LLC with financial institution PNCEF, LLC
Mid Ohio Golf Car, Inc. with financial institution Yamaha Motor Corporation.
The Services Contract (service, maintenance and repairs) award is made to:
Lake Erie Golf Cars, LLC
26565 Miles Road, Suite 200
Warrensville Heights, Ohio 44128
341880513 (expires 11-29-2012)
Local Rep: Danny Hayes
614-808-5735
With the Lease-Purchase Agreement payments made to:
PNCEF, LLC
995 Dalton Avenue
Cincinnati, Ohio 45203
221146430 (expires 4-20-2012)
Contact: Grace Sandlin
Benefits to Public:
The Columbus Municipal Golf Division is a special revenue fund and not part of the general operating fund. The rental of golf riding cars provides income to Golf's operating fund while providing a necessary service for our golfers with no additional expense to our operations.
Emergency Justification:
Emergency legislation is requested to assure timely processing of the services contract and Lease-Purchase Agreement with regard to delivery of the golf riding cars so as not to impact the 2012 golfing season.
Financial Impact:
Payment for each year of the lease is subject to annual ap...
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