Posted: December 21, 2017
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF122717-08

Agenda Item Title:

Authorize Mayor and Finance Officer to sign Assignment of Lease and Sublease made by Miller & Sons Golf Cars, LLC for golf cart fleet for Meadowbrook and Executive Golf Courses

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
12/27/2017
City Council Hearing Date:
01/02/2018
Petitioner:
Department of Parks and Recreation
Staff Contact:
Jeff Biegler, Director
Agenda Item Summary:
On November 6, 2017 the City Council awarded the bid for Golf Cart Fleet Lease for Meadowbrook and Executive Golf Courses to Miller & Sons golf Cars. The Attached Assignment of Lease is required for Miller & Sons financing of the lease and states that the City will have no liens attached to any of the golf carts in the fleet covered by the Agreement with Miller & Sons Golf Cars, LLC.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

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