Explanation
Two (2) bids (both competitive) (#SA004187 Lease of 154 Golf Riding Cars-Golf Division 2012-2016) for related services were opened by the Recreation and Parks Department on November 21, 2011 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 154 golf riding cars. This is the fourth year of the five year agreement for 154 riding cars which are leased for three of the six Columbus municipal golf courses - Raymond Memorial, Turnberry and Wilson Road Golf Courses for a total yearly amount of $111,324.00. Per the search of the State Auditor's site for unresolved findings for recovery, PNCEF does not appear and has no findings.
Principal Parties:
PNCEF, LLC, dba PNC Equipment Finance
995 Dalton Avenue
Cincinnati, OH 45203
Contact: Grace Sandlin
Contract Compliance # 221146430 exp. 3/27/16
Benefits to Public:
The rental of golf riding cars provides income to the Recreation and Parks Operating Fund while providing a necessary service for 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:
$111,324.00 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 year four of a five-year lease for riding car payments for Raymond Memorial, Turnberry and Wilson Road Golf Courses; to provide adequate funding through December 31, 2015 in accorda...
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