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CITY COMMISSION AGENDA ITEM |
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Department: |
Parks & Recreation |
Commission Meeting Date: December 6, 2016 |
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Staff Contact: |
Darin Pearson, Park District Manager |
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Recommendations/Options/Action Requested: |
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Authorize the City Manager to sign a 58 month lease agreement with E-Z-GO Division of Textron Inc. for eight (8) utility vehicles for use at Eagle Bend Golf Course. Payments would total $59,615 over the full term of the lease. |
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Executive Summary: |
Over the past four years, Eagle Bend Golf Course has leased eight utility vehicles for maintenance staff, driving range picker and beverage cars. The current four-year lease on these vehicles expires December 31, 2016. In pricing future 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 utility vehicles. |
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Strategic Goal Area: |
Other |
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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). The recommended lease begins December 2016 and expires October 2021. The agreement establishes five installment payments of $11,923 due each February beginning in 2017 and ending in 2021, with cumulative payments of $59,615 over the full term of the agreement. Please refer to the lease schedule provided below. Funds are available for this agreement in the Eagle Bend Golf Course Operating Budget. This payment is slightly less than the annual lease agreement payment established by the current contract.
The agreement establishes the following payment schedule over 58 months, with five (5) installment payments of $11,923
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Attachments: |
N/A |
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Reviewed By: (for CMO use only) |
☐TM ☐DS ☐CT ☒BM |