CITY COMMISSION AGENDA ITEM

Department:	Parks & Recreation		Commission Meeting Date: November 8, 2016
Staff Contact:	Mark Hecker, Assistant Director, Parks and Recreation
Recommendations/Options/Action Requested:
Authorize the City Manager to execute a new 49 month lease agreement with E-Z-GO Division of Textron Inc. for 62 golf cars for use at Eagle Bend Golf Course. Annual payments of $44,320.70 with total payment due of $221,603.50.
Executive Summary:		Over the past four years, Eagle Bend Golf Course has leased 62 golf cars from E-Z-GO for rental to patrons. The rental on these cars generates more than $175,000 of revenue annually.  The current four-year lease on these vehicles expires December 31, 2016. In pricing future golf car leases options, E-Z-GO again provided the best pricing available using prices from its cooperative purchasing agreement with the National Intergovernmental Purchasing Alliance (Contract No. 130795). The Department has a history of success with E-Z-GO at Eagle Bend, and E-Z-GO continues to be the most cost effective provider of leased golf cars and utility vehicles.
Strategic Goal Area:		Other
Fiscal Impact (Amount/Source):		This lease agreement total cost is established by using pricing from a cooperative purchasing agreement with the National Intergovernmental Purchasing Alliance (Contract No. 130795) which results in payments of $44,320.70 per year with total payment over 49 months of $221,603.50. Funds are available for this lease payment in the Eagle Bend Golf Course Operating Budget.  This payment is slightly less than the annual lease agreement payment established by the current contract.
Attachments:		N/A