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Home My WebLink About2014.11.18_OPGA AgendaPUBLIC NOTICE OF THE MEETING OF THE RECEIVED OWASSO PUBLIC GOLF AUTHORITY NOV / 9nri n Council hambers, Old , 74055 Central Building 4r Clerk's N Regular Meeting Tuesday, November 18, 2014 - 6:30 pm 1. Call to Order Chairman Jeri Moberly 2. Roll Call 3. Consideration and appropriate action relating to a request for approval of the Consent Agenda. All matters listed under "Consent" are considered by the Trustees to be routine and will be enacted by one motion. Any Trustee may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non - debatable. A. Approve minutes • November 4, 2014 Regular Meeting • November 11, 2014 Regular Meeting B. Approve claims C. Receive monthly budget status report 4. Consideration and appropriate action relating to items removed from the Consent Agenda 5. Consideration and appropriate action relating to the purchase of golf mowing equipment Chris Cook Staff recommends approval of a contract with Luber Brothers for the lease /purchase of a fleet of eleven (11) Jacobsen mowers with 60 monthly payments of $5,058.28 for a total of $303,496.80. 6. Report from OPGA Manager 7. Report from OPGA Attorney 8. New Business (New Business is any item of business which could not have been foreseen at the time of posting of the agenda) 9. Adjournment Notice of Public Meeting filed in the office of the City Clerk and Agenda posted at City Hall bulletin board at 6:00 pm on Friday, November 14, 2014. Sherry Bishop, ity Clerk OWASSO PUBLIC GOLF AUTHORITY MINUTES OF REGULAR MEETING Tuesday, November 4, 2014 The Owasso Public Golf Authority met in regular session on Tuesday, November 4, 2014 in the Council Chambers at Old Central, 109 N Birch, Owasso, Oklahoma per the Notice of Public Meeting and Agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 6:00 pm on Friday, October 31, 2014. 1. Call to Order Chairman Jeri Moberly called the meeting to order at 6:55 pm. 2. Roll Call Present Absent Chairman - Jeri Moberly Trustee - Chris Kelley Vice - Chairman - Lyndell Dunn Trustee - Doug Bonebrake Trustee - Bill Bush A quorum was declared present. Staff: Authority Manager- Warren Lehr Authority Attorney - Julie Lombardi 3. Consideration and appropriate action relating to a request for approval of the Consent Agenda. All matters listed under "Consent' are considered by the City Council to be routine and will be enacted by one motion. Any Councilor may, however, remove an item from the Consent Agenda by request. A motion to adopt the Consent Agenda is non - debatable. A. Approve minutes -October 21, 2014 Regular Meeting B. Approve claims Mr. Bonebrake moved, seconded by Mr. Dunn to approve the Consent Agenda with claims totaling $24,239.49. Also, included for review were the self - insurance claims report and the payroll report for 10/18/14. YEA: Bonebrake, Bush, Dunn, Moberly NAY: None Motion carried: 4 -0 4. Consideration and appropriate action relating to items removed from the Consent Agenda None 5. Report from OPGA Manager None 6. Report from OPGA Attorney None 7. New Business None Owasso Public Golf Authority November 4, 2014 Page 2 8. Adjournment Mr. Bush moved, seconded by Mr. Bonebrake to adjourn the meeting. YEA: Bonebrake, Bush, Dunn, Moberly NAY: None Motion carried 4 -0 and the meeting adjourned at 6:56 pm. Jeri Moberly, Chairman Juliann Stevens, Minute Clerk OWASSO CITY COUNCIL, OPWA, AND OPGA MINUTES OF JOINT REGULAR MEETING Tuesday, November 11, 2014 The Owasso City Council, Owasso Public Works Authority, and Owasso Public Golf Authority met in joint regular meeting on Tuesday, November 11, 2014 in the Council Chambers at Old Central, 109 N Birch Street, per the Notice of Public Meetings filed in the City Clerk's office on December 15, 2013 and the Agenda posted on the City Hall bulletin board at 6:00 pm on Friday, November 7, 2014. ITEM 1: CALL TO ORDER Mayor Jeri Moberly called the meeting to order at 6:00 pm. PRESENT ABSENT Jeri Moberly, Mayor /Chairman Bill Bush, Councilor /Trustee Lyndell Dunn Vice - Mayor /Vice Chairman Doug Bonebrake, Councilor /Trustee Chris Kelley, Councilor /Trustee A quorum was declared present. ITEM 2: BRIEFING AND DISCUSSION RELATING TO REGULAR, RECURRING, OR CONSENT ITEMS (expected to be brief and may not require discussion) A. American Electric Power (AEP) Franchise B. Golf mowing equipment purchase C. Budget amendment - Multi- Hazard Mitigation Plan grant D. Budget amendment - Fire Department grant E. Infrastructure acceptance - Hideaway Pizza Sherry Bishop presented each item and discussion was held. It was further explained that items C, D, and E would be included on the consent agenda for the November 18, 2014 City Council agenda; Item B would be placed on the November 18, 2014 OPGA agenda; and that Item A would be included on the December worksession for additional discussion. ITEM 3: DISCUSSION RELATING TO COMMUNITY DEVELOPMENT ITEMS A. Final plat - Hickory Creek II B. Final plat - Caudle Center III C. Rezoning - Garrett Creek Commercial D. Final plat - Garrett Creek Commercial E. Annexation and rezoning - 9721 N Garnett F. Community Development Block Grant (CDBG) 2014 -15 Project update G. Proposed Complete Street Policy Bronce Stephenson presented each item and discussion was held. It was explained items A, B, C, D, E, and F would be placed on the November 18, 2014 Council Agenda for consideration and action. ITEM 4: DISCUSSION RELATING TO OKLAHOMA MUNICIPAL RETIREMENT FUND (OMRF) - PROPOSED ORDINANCE TO COMPLY WITH CHANGES IN FEDERAL AND STATE LAW Michele Dempster presented the item and discussion was held. It was further explained that an Ordinance would be placed on the November 18, 2014 City Council Agenda for consideration and action. ITEM 5: DISCUSSION RELATING TO A SPORTS USER GROUP AGREEMENT - SOFTBALL Larry Langford presented the item and discussion was held. It was further explained that a proposed agreement would be placed on the November 18, 2014 City Council Agenda for consideration and action. November 11, 2014 Page 2 ITEM 6: DISCUSSION RELATING TO the CITY OF OWASSO CHARTER AND POSSIBLE AMENDMENTS Sherry Bishop presented the item and discussion was held. It was further explained that this item will be placed on the December worksession for additional discussion. ITEM 7: DISCUSSION RELATING TO CITY MANAGER ITEMS • Capital Improvement Project (CIP) Committee Recommendation i/2 Penny Sales Tax Proposition Monthly Sales Tax Report City Manager Report Warren Lehr reviewed the Capital Improvement Committee recommendation to amend the list of projects eligible to receive funding from the CIP Fund, further explaining that the required public hearing will be held during the November 18, 2014 City Council meeting; provided an update on community discussions related to the proposal to seek voter approval to increase the sales tax rate by 1/2 percent and restrict the use of the funds for Police, Fire, and Streets. Linda Jones presented the monthly sales tax report and discussion was held. Under the City Manager Report, Mr. Lehr commented on recent city events held in appreciation of Veterans; the Vision 2025 process for disbursing excess funds is progressing; and discussions with the Tulsa County Criminal Justice Authority regarding jail fees are continuing. ITEM 8: CITY COUNCIL /TRUSTEE COMMENTS AND INQUIRIES Councilors shared their appreciation to the city staff and Owasso businesses for their support in the week long Veterans Appreciation events. ITEM 9: ADJOURNMENT Councilor Bonebrake moved, seconded by Councilor Kelley to adjourn the meeting. YEA: Bonebrake, Dunn, Kelley, Moberly NAY: None Motion carried 4 -0 and the meeting adjourned at 7:55 pm. Jeri Moberly, Mayor /Chairman Juliann M. Stevens, Minute Clerk Claims List 11/18/2014 Budget Unit Title Vendor Name Payable Description PaymentAmount OPGA BGR DAILY ACCT REIMB GOLF PETTY CASH 1,160.10 JPMORGAN CHASE BANK WALMART -FOOD 47.30 JPMORGAN CHASE BANK REASORS -FOOD 16.26 JPMORGAN CHASE BANK WALMART -FOOD 8.94 JPMORGAN CHASE BANK WALMART -FOOD 12.96 JPMORGAN CHASE BANK SYSCO -FOOD 1,026.11 JPMORGAN CHASE BANK REASORS -FOOD 12.98 JPMORGAN CHASE BANK SAMSCLUB -FOOD 38.08 JPMORGAN CHASE BANK SYSCO -FOOD 484.26 JPMORGAN CHASE BANK WALMART -FOOD 6.74 JPMORGAN CHASE BANK WALMART -FOOD 42.68 JPMORGAN CHASE BANK EXECUTIVE COFFEE - BEVERAGE 133.90 JPMORGAN CHASE BANK SYSCO -FOOD 118.70 JPMORGAN CHASE BANK SYSCO -FOOD 1,427.83 JPMORGAN CHASE BANK ACUSHNET - MERCHANDISE 232.34 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 647.86 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 459.53 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 101.11 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 1,496.00 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 1,496.60 JPMORGAN CHASE BANK SYSCO -FOOD 253.44 JPMORGAN CHASE BANK SAMS CLUB -FOOD 17.24 JPMORGAN CHASE BANK SAMS CLUB -FOOD 62.37 JPMORGAN CHASE BANK SAMS CLUB -FOOD 18.76 JPMORGAN CHASE BANK LAS AMERICAS -FOOD 7.49 JPMORGAN CHASE BANK ACUSHNET - MERCHANDISE 400.14 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 293.03 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 115.80 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 430.29 JPMORGAN CHASE BANK ACUSHNET- MERCHANDISE 1,832.78 JPMORGAN CHASE BANK ACUSHNET - MERCHANDISE 101.80 JPMORGAN CHASE BANK OAKLEY- MERCHANDISE 107.55 JPMORGAN CHASE BANK GRT PLAINS- BEVERAGE ORDER 536.22 JPMORGAN CHASE BANK NIKE - MERCHANDISE 251.63 JPMORGAN CHASE BANK GRT PLAINS - BEVERAGE 242.88 JPMORGAN CHASE BANK NIKE - MERCHANDISE 70.71 TOTAL OPGA 13,712.41 GOLF SHOP JPMORGAN CHASE BANK ACUSHNET -PANTS 176.46 JPMORGAN CHASE BANK JESCO - DRIVING RANGE ROPE 49.23 JPMORGAN CHASE BANK OFFICE DEPOT - SUPPLIES 51.47 TOTAL GOLF SHOP 277.16 CART OPERATIONS YAMAHA MOTOR CORPORATION, USA IGOLF CART LEASE 3,595.49 Page 1 Claims List 11/18/2014 Budget Unit Title Vendor Name I Payable Description PaymentAmount CART OPERATIONS... JPMORGAN CHASE BANK TIMMONS OIL -FUEL 1,630.49 IJPMORGAN CHASE BANK TIMMONS OIL -FUEL 1,514.86 TOTAL CARTOPERATIONS 6,740.84 COURSE MAINT JPMORGAN CHASE BANK OKGCSA- MEMBER DUES 607 JPMORGAN CHASE BANK WALMART - COFFEE 6.98 JPMORGAN CHASE BANK LODGING EXPENSE 112.14 JPMORGAN CHASE BANK UNITED- AIRFARE /COOK 33620 JPMORGAN CHASE BANK UNITED - AIRFARE /LIEBE 336.20 JPMORGAN CHASE BANK LOWES- SUPPLIES 149.97 JPMORGAN CHASE BANK LOWES- BATTERIES 11.97 JPMORGAN CHASE BANK R & R PROD -BALL JOINT 15.64 JPMORGAN CHASE BANK R & R PROD -REEL 200.54 UNIFIRST HOLDINGS LP TOWEL SERVICE 11.19 UNIFIRST HOLDINGS LP UNIFORM SERVICE 16.76 UNIFIRST HOLDINGS LP AIR FRESHENER 2.00 BROWN FARMS LLC SOD 330.00 EAGLE ONE GOLF PRODUCTS, INC FOOT BRUSHES 99.49 JPMORGAN CHASE BANK LOCKE SUPPLY-SHRINK TUBES 32.53 JPMORGAN CHASE BANK ADVANCE AUTO - PROPANE 8.99 JPMORGAN CHASE BANK ADVANCE AUTO -FUEL ADDITIV 47.96 JPMORGAN CHASE BANK LUBER BROS -REEL MOTOR 729.17 JPMORGAN CHASE BANK OREILLYS- ANTIFREEZE 17.99 JPMORGAN CHASE BANK LOCKE SUPPLY - ELECTIC BOX 17.00 JPMORGAN CHASE BANK LOCKE SUPPLY-SHRINK TUBES 26.31 UNIFIRST HOLDINGS LP TOWEL SERVICE 11.19 UNIFIRST HOLDINGS LP UNIFORM SERVICE 16.29 UNIFIRST HOLDINGS LP AIR FRESHENER 2.00 JPMORGAN CHASE BANK ATWOODS -PUMP SPRAYERS 15.98 VERIZON WIRELESS WIRELESS SERVICE 40.01 JPMORGAN CHASE BANK SHORTY'S ELECTRIC - REPAIRS 70.00 JPMORGAN CHASE BANK PROF TURF -PUMP ASSEMBLY 136.97 JPMORGAN CHASE BANK ADVANCE AUTO - ANTIFREEZE 4.99 JPMORGAN CHASE BANK ADVANCE AUTO -2 CYCLE OIL 19.76 JPMORGAN CHASE BANK ADVANCE AUTO -MOTOR OIL 5.59 JPMORGAN CHASE BANK OWASSO TOP SOIL -SOIL 125.00 JPMORGAN CHASE BANK BROWN FARMS-SOD 90.00 JPMORGAN CHASE BANK PROF TURF - AERATOR PARTS 686.17 JPMORGAN CHASE BANK PROF TURF - HYDRAULIC PARTS 64.18 JPMORGAN CHASE BANK HD SUPPLY -DRAIN ON #6 224.76 JPMORGAN CHASE BANK HD SUPPLY -VALVE BOX 45.23 JPMORGAN CHASE BANK HD SUPPLY -DRAIN PIPE 110.00 AEP /PSO ELECTRIC USE 1,165.83 ONEOK, INC OKLAHOMA NATURAL GAS NATURAL GAS USAGE 45.48 Page 2 Claims List 11/18/2014 Budget Unit Title Vendor Name Payable Description IPaymentAmount TOTAL COURSE MAINT 5,448.46 FOOD & BEV JPMORGAN CHASE BANK LOWES- SUPPLIES 45.36 JPMORGAN CHASE BANK SYSCO- SUPPLIES 29.46 JPMORGAN CHASE BANK ARCTIC CMI -EQUIP REPAIR 165.00 JPMORGAN CHASE BANK SYSCOSUPPLIES 103.86 JPMORGAN CHASE BANK SYSCO- SUPPLIES 101.82 JPMORGAN CHASE BANK GENERAL PARTS -ICE MACHINE 877.59 TOTAL FOOD & BEV 1,323.09 GOLFADMIN JPMORGAN CHASE BANK OFFICE DEPOT - NETWORK CABL 24.99 JPMORGAN CHASE BANK LOWES -LIGHT BULBS 19.98 JPMORGAN CHASE BANK MURPHY SANITARY - SUPPLIES 249.32 WASTE MANAGEMENT QUARRY LANDFILL REFUSE SERVICE 451.61 JPMORGAN CHASE BANK COURSETRENDS -WEB HOSTING 300.00 JPMORGAN CHASE BANK COX -WIFI 89.95 ONEOK, INC OKLAHOMA NATURAL GAS NATURAL GAS USAGE 293.39 - AEP /PSO ELECTRIC USE 1,005.18 JPMORGAN CHASE BANK LOWES -LIGHT BULB RETURN -29.98 TOTAL GOLF ADMIN 2,404.44 29,906.4 FUND GRAND TOTAL OPGA GRAND TOTAL $29,906.40 Page 3 OWASSO PUBLIC GOLF AUTHORITY PAYROLL PAYMENT REPORT PAY PERIOD ENDING DATE 11/01/14 Department Payroll Expenses Total Expenses Golf Shop Operations 2,120.37 3,433.21 Cart Operations 1,666.69 1,871.38 Golf Course Operations 10,127.24 14,271.56 Food & Beverage 3,536.63 4,388.13 General & Administration 3,017.90 4,548.79 FUND TOTAL 20,468.83 28,513.07 CITY OF OWASSO OWASSO PUBLIC GOLF AUTHORITY FISCAL YEAR 2013 -2014 Statement of Revenues & Expenses As of October 2014 and 2013 October 31, 2014 October 31, 2013 Month Year Percent Month Year Percent To -Date To -Date Budget of Budget To -Date To -Date Budget of Budget OPERATING REVENUES: Golf shop fees 55,751 267,374 627,500 42.61% 50,574 252,617 609,000 41.48% Merchandise sales 9,798 50,361 174,200 28.91% 8,359 49,047 170,000 28.85% COS -- merchandise (7,155) (37,564) (124,100) 30.27% (6,397) (37,818) (124,100) 30.47% Food & beverage 16,878 75,857 185,800 40.83% 12,392 70,843 187,000 37.88% COS -- food & beverage (9,251) (38,404) (90,600) 42.39% (8,605) (38,914) (95,000) 40.96% Interest & other 1,774 6,880 19,700 34.92% 1,435 6,622 18,700 35.41% SUBTOTAL 67,796 324,505 792,500 40.95% 57,758 302,398 765,600 39.50% Transfer from General 350,000 0.00% 250,000 0.00% TOTAL OPERATING REVENUES 28.400% 57,758 302,398 1,015,600 29.78% 67,796 324,505 1,142,500 OPERATING EXPENSES: Personal services 59,851 255,129 692,885 36.82% 49,472 240,318 700,500 34.31% Materials & supplies 13,212 50,794 125,200 40.57% 8,214 53,451 124,000 43.11% Other services 13,975 69,325 187,215 37.03% 19,207 68,246 191,100 35.71% Capital outlay 2,070 37,200 Debt service TOTAL OPERATING EXPENSES 36.19% 76,894 362,014 1,015,600 35.65% 87,038 377,318 1,042,500 NET INCOME (LOSS) (19,135) (59,617) (19,242) (52,813) 100,000 50 The City Wit out Limits. TO: The OPGA Chairman and Trustees Owasso Public Golf Authority FROM: Chris Cook Bailey Ranch Golf Club — Golf Course Superintendent SUBJECT: Recommendation for OPGA Equipment Lease to Purchase DATE: November 7, 2014 BACKGROUND: Meeting customer expectations is foundational to the success of any golf facility and Bailey Ranch is no different. There is no shortage of options for golfers in Tulsa, therefore, it is critical that course conditions at Bailey Ranch stand out among the competition. Customers expect the tees, fairways, and greens to be in excellent condition at all times, and it is vital that we meet this expectation to be successful. Mowing these areas multiple times a week at heights ranging from 1/8 of an inch to two inches requires our equipment to be accurate, to the thousandth of an inch, and dependable on a daily basis. Due to harsh working conditions, and constant use throughout the growing season, golf course mowing equipment has a relatively short life expectancy of 4-6 years. The age of our current fleet ranges from 7 -18 years old, and has become increasingly unreliable over the past several years. Additionally, manufacturers are only required to produce replacement parts for 10 years past the manufacture date, causing replacement parts to become increasingly more expensive and difficult to find. During FY 2012 -14, examination and analysis of the current mower fleet became a priority due to several factors: increasing age of the fleet, reductions in efficiency and reliability, and a sharp increase in repair costs (man hours and replacement materials). The following chart illustrates the increase in replacement parts associated with maintaining our aging fleet: Cost Trends for Equip. R &M $50,000.00 $40,000.00 $30,000.00 ■ Component Failure $20,000.00 Jib IS Normal Wear & Tear $10,000.00 $0.00 FY09 FY10 FY11 FY12 FY13 FY14 BID PREPARATION: After all options were considered, it became apparent that a lease to purchase agreement for the needed equipment could provide the best cost benefit to Owasso taxpayers, members, and guests of Bailey Ranch Golf Club. Due to the fairly short life expectancy of this equipment, the purchase of one or two mowers each year would not maximize efficiency and reduce expenses. Leasing all needed equipment at once with an option to purchase allows the grounds department to immediately reduce repair costs and mower down time while increasing staff productivity. BID PROCESS: Specifications were prepared and sealed bids were requested from vendors for 11 pieces of mowing equipment, which include: one (1) riding greens mower, two (2) walking greens mowers, two (2) tee mowers, two (2) fairway mowers, one (1) surrounds mower, one (1) contour rotary mower, one (1) zero -turn rotary mower, and one (1) tractor mounted pull- behind rotary mower. Advertisements for bids were published in the Owasso Reporter on October 23 and 30. Three vendors responded and sealed bids were opened on October 31 at Owasso City Hall. All three bids met the minimum specifications required for consideration. Bidder Total Lease Payments Luber Brothers $303,496.80 Professional Turf Products $311,343.00 P & K Equipment 349,333.80 LEASE TO PURCHASE CONTRACT: Luber Brothers submitted the low bid with total payments of $303,496.80 over the 60 months term of the lease. The bid includes a total of $299,772.00 for the mowing equipment, less $20,000.00 trade -in value for old equipment, plus interest of $23,724.80 (3.25 %). The lease to purchase creates ownership equity in the machinery at the end of the contract period which could be applied to future leases and /or equipment purchases. FUNDING: Funding for monthly lease payments of $5,058.28 is available, in the OPGA FY2014 -15 budget. RECOMMENDATION: Staff recommends approval of a contract with Luber Brothers for the lease /purchase of a fleet of eleven (11) Jacobsen mowers with 60 monthly payments of $5,058.28 for a grand total of $303,496.80. ATTACHMENT: Bid Proposal Submittal - Luber Brothers BID PROPOSAL - SUBMITTAL PAGE EQUIPMENT LIST FOR BAILEY RANCH GOLF CLUB The following list details the machinery to be included in base bid. The total cost of each unit should not include any trade in value or financing. TEEM NO TYPE OF EQUIPMENT COST PER UNIT TOTAL COST 1 1 Riding Greens Mower $ js AGO $ ;-5 Fc50 NO TYPE OF EQUIPMENT 2 2 Walking Greens Mower $ '3,000 $ 0 0 D 3 2 Tee Mower $ '36-0 $ -5"6- (00 2 4 2 Fairway Mower $ 5 y, S_00 $ (O I, p o o 2 Fairway Mower 5 1 Surrounds Mower $ 10 IC9 0t) $ 3c5}00o 60" Zero -Tmm Mower 6 1 Triplex Rotary Mower $ �q.1 �_ $ 17itj�2 7 1 Zero -turn Rotary Mower $ SO0 $ S Ov 8 1 Pull- behind Rotary Mower $ 1'S,q OD $ i5 q Orgy TOTAL COST OF EQUIPMENT $ 10 CURRENT EQUIPMENT LIST TO BE TRADED -IN ITEM NO TYPE OF EQUIPMENT UNIT VALUE 1 3 Triplex Greens Mower $ z 0S O 2 2 Tee Mower $ 1,000 3 2 Fairway Mower $ S, (06 O 4 1 60" Zero -Tmm Mower $ S O d 5 1 Contour Rotary Mower $ u( 0 O 10 6 1 72" Rotary Mower $ C70 0 7 1 Skid style Vicon Spreader $ /00 8 1 Reel Grinder $ 100 9 1 Pull- behind Reel Mower $ S 00 10 3 Toro Triplex Spiker Attachement $ -JSD TOTAL LUMP SUM FOR TRADE -IN S CDOD Total Cost of Equipment The total cost of equipment included in base bid. $ 2 i 9l °777- Total Trade -in Value The total trade -in value of current mowing equipment. $ Net Cost of Equipment The net cost of equipment equals the cost of equipment minus the trade -in value of current equipment. $ 7 ?°I , r% 2 9, Interest Rate The interest rate used to finance the net cost of equipment. 5. 2 T Monthlv Payment The monthly payment shall be calculated using the net cost of equipment, multiplied by the interest rate, stated above, amortized over 60 months. $ SD 5 Fr• Z� Bailey Ranch Golf Club shall lease to purchase the mower fleet, as described above, for 60 monthly payments of $ -,_ 6<j-'R, 2 for a total of $ 3� �q(a , ?-(p 11 I hereby acknowledge that I have read the specifications and that I am legally bound by the statements on the Bid Proposal - Submittal Pages. l u ben rytZr Ae -5 I Ij .- NAME OF COMPANY SIGN$/rURE- " TI' E S20 4 � Qrti G' gee C� ADD ZESS L —.. LiINC- `7 ( L 7a— �13—,2o20 PHONE NUMBER 12