Agenda Item # 9.o.
City Commission Regular Meeting
- Meeting Date:
- 04/07/2014
- Re
- Extension of the Current Golf Car Lease
SUBJECT:
Acceptance of proposal from Yamaha Motor Corp. for 60 month extension of golf car lease at the current cost of $40,572.00 per year for 73 new Yamaha standard gasoline and 2 electric golf cars.
SUMMARY:
We have been leasing our current golf car fleet from Yamaha Motor Corp. for the past 60 months. If we accept this additional 60 month lease, the cost of the new fleet will not increase the monthly payments. Other options, i.e., a shorter lease with Yamaha or leasing from another vendor would increase the payments by approximately $1,000 per month.
The new fleet of golf cars will be delivered by the end of April 2014.
The new fleet of golf cars will be delivered by the end of April 2014.
RECOMMENDATION:
As the proposal contains no increase in price, it is recommended that the Commission approve the request.
ALTERNATIVES:
None, without an increase in price.
RESPONSIBLE STAFF:
Lucille R. Posa, Golf Course Operations Manager.
Barry Lezark, Golf Course Superintendent
Barry Lezark, Golf Course Superintendent
COORDINATED WITH:
Tony Barnes, Director of Administrative Services.
Fiscal Impact
- Budgeted Y/N:
- Yes
- Fiscal Year:
- 2013/2014
- Account:
- 40545005724410
- Amount:
- $40,572.00
FISCAL IMPACT:
The current golf car lease is $40,572.00 per year for 73 gas and 2 electric golf cars. This payment would remain the same for the next 60 months.