TITLE
Consider a memorandum/resolution amending Resolution 21-017, authorizing a lease for three (3) mowers to maintain parks and city facilities.
SUMMARY:
DATE: April 20, 2021
TO: Kent Cagle, City Manager
FROM: Traci Briggs, City Attorney
SUBJECT: Amending resolution 21-017, authorizing a lease agreement for Parks and Public Grounds mowing equipment
BACKGROUND AND FINDINGS:
On February 9, 2021, the City Council approved Resolution 21-017 approving the lease of three (3) mowers to maintain parks and city facilities. The resolution authorized a lease with Professional Turf Products, L.P., which was not accurate. Turf Products, L.P. will be the vendor of for the equipment, but the lease will be with TCF Captial Solutions, the company financing the lease. All other information contained in the staff report for Resolution 21-017 was accurate and remains unchanged. The purpose of this amendment only to is to correct the actual leasing party.
Previously approved was a forty-four (44) month lease for one (1) Reelmaster 3100-D mower with 27-inch blade with lift arm and two (2) (20) Toro Z Master 26.5 HP Kohler CP EFI with 72” TURBO FORCE RD Deck. This equipment is utilized to maintain parks, trails, sports fields, multi-purpose fields and city facilities for a total cost of $50,131.84, with forty-four (44) payments of $1,139.36.
Recreation Services (RS) has determined that leasing mowing equipment is more beneficial than outright purchasing mowing equipment. Staff will have access to modern, up-to-date equipment that is covered under warranty for the duration of the lease. Depending on repairs needed a tech will repair mower on-site, deliver part(s), or mower will be picked up and repaired off-site. In addition, the lease option allows the financial burden to be distributed over forty-four (44) months. The FY 21 budget reflects fundi...
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