Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Extend The Equipment Lease Agreement And Related Documents With Wells Fargo Financial Leasing, Inc. For The Current Lease Of 120 2020 E-Z-Go TXT Electric Golf Carts, For A One-Year Period For An Expenditure Of $72,576.00, For Use At Orangebrook Golf And Country Club.
Strategic Plan Focus
Infrastructure & Facilities
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
On January 15, 2020, Resolution No. R-2020-18 was approved by the City Commission authorizing City officials to enter into a 24-month Lease Agreement for 120 2020 E-Z-GO TXT Electric golf carts for Orangebrook Golf and Country Club. However, national supply chain concerns have affected ordering and delivery timeframes for new E-Z-GO golf carts.
The Director of PRCA and the Chief Procurement Officer recommend that the City Commission approve the extension of the attached Equipment Lease Agreement with Wells Fargo Financial Leasing, Inc for the lease of 120, 2020 New E-Z-Go TXT Electric Golf Carts for a 12-month period.
Fiscal Impact:
A portion of the funding for this agreement is available in the FY2022 Orangebrook Operating Budget Account Number 444.310101.57200.574260.000000.000.000 and will be budgeted in subsequent fiscal years’ operating budgets subject to the approval and adoption by the City Commission.
Recommended for inclusion on the agenda by:
David Vazquez, Assistant Director, Parks, Recreation and Cultural Arts
Ricky Engle, Director, Parks, Recreation and Cultural Arts
Gus Zambrano, Assistant City Manager, Sustainable Development