Explanation
Two (2) bids (both competitive) (SA004771 Lease of 40 golf riding cars-Golf Division 2013-2016) for related services were opened by the Recreation and Parks Department Golf Division on January 28, 2013 and a services contract award was made to Lake Erie Golf Cars, LLC to provide all services, maintenance and repairs for the golf cars. A Lease-Purchase Agreement is being entered into with PNC Equipment Finance (PNCEF), LLC, which is the entity that holds title to and provides the financing for these 40 golf riding cars. This is the second year of a four-year agreement that is in effect from 2013-2016 for 40 riding cars which are leased for three of the six Columbus Municipal Golf Courses - Airport, Mentel and Wilson Road - for a total annual amount of $32,400. Per the search of the State Auditor's site for unresolved findings for recovery, PNCEF does not appear and has no findings.
Principle Parties:
PNCEF, LLC dba PNC Equipment Finance
995 Dalton Avenue
Cincinnati, OH 45203
Contact: Grace Sandlin
Contract Compliance # 221146430 exp. 4/25/2014
Benefits to Public:
The Columbus Municipal Golf Division is a special revenue fund that is not part of the city's general fund. The rental of golf riding cars provides income to the Golf Division's operating fund while providing a necessary service for its golfers.
Emergency Justification:
Emergency legislation is requested to assure timely processing of the purchase order to ensure payments per the agreed to schedule and with regard to delivery of the golf riding cars so as not to impact the 2014 golfing season.
Verification was made for PNCEF and found free unresolved findings with the State as required by Ohio Revised Code (ORC) Section 9.24
Fiscal Impact:
$32,400.00
Title
To authorize and direct the Director of the Recreation and Parks Department to set up a purchase order for one year with PNC Equipment Finance, LLC for the riding car p...
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