Explanation
Three (3) bids (two competitive and one “No Bid”) (#SA003778 Lease of 198 Golf Riding Cars-Golf Division 2011-2015) for related services were opened by the Recreation and Parks Department on November 24, 2010 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 was entered into with PNC Equipment Finance, LLC, which is the entity that holds title to and provides the financing for these 198 golf riding cars. This is the fifth and final year of the five-year agreement for 198 riding cars which are leased for three of the six Columbus municipal golf courses - Airport, Mentel Memorial and Champions Golf Courses - for a total yearly amount of $130,080.00. Verification was made for PNC Equipment Finance and found free of unresolved findings with the State of Ohio as required by Ohio Revised Code (ORC) Section 9.24.
Principal Parties:
PNCEF, LLC, dba PNC Equipment Finance
995 Dalton Avenue
Cincinnati, OH 45203
Contact: Grace Sandlin
Contract Compliance # 221146430 exp. 3/27/2016
Benefits to Public:
The rental of golf riding cars provides income to the Recreation and Parks 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 2015 golfing season.
Fiscal Impact:
This is the fifth and final year of the five-year agreement; $130,080.00 is budgeted for this expenditure. This ordinance is contingent on passage of the 2015 operating budget
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 fifth and final year of riding car payments for Air...
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