12581I RESOLUTION NO. 12,581
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3 A RESOLUTION TO REPEAL RESOLUTION NO. 12,576 TO AUTHORIZE THE
4 CITY MANAGER TO ENTER INTO A LEASE TO PURCHASE AGREEMENT WITH
5 JERRY PATE TURF AND IRRIGATION AND BAYSTONE FINANCIAL GROUP FOR
6 GOLF COURSE MAINTENANCE EQUIPMENT; AND FOR OTHER PURPOSES.
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8 WHEREAS, Little Rock Parks and Recreation Golf Courses are in need of proper turf maintenance,
9 and
10 WHEREAS, Parks and Finance staff have researched true lease, lease to purchase and outright pur-
11 chase options to address proper golf course turf maintenance, and
12 WHEREAS, it was determined that lease to purchase was the best option because equipment can
13 be updated more frequently, payments can be reduced and equity can be recouped for new replace -
14 ments, and
15 WHEREAS, a true lease option provides continuing monthly payments and no equity, and
16 WHEREAS, an out right purchase option demands more funds than are available in Golf Enter -
17 prise's yearly operations budget, and
18 WHEREAS, on May 17, 2007, a competitive selection process determined that Jerry Pate Turf and
19 Irrigation was the apparent lowest responsible and responsive bidder out of three proposals for the
20 needed golf course maintenance equipment, and
21 WHEREAS, on September 18, 2007, the City Board adopted Resolution No. 12,576 to authorize the
22 City Manager to enter into a Lease to Purchase Agreement with Jerry Pate Turf and Irrigation and Kan -
23 sas State Bank of Manhattan for golf course maintenance equipment, and
24 WHEREAS, the signed Resolution No. 12,576 did not state the correct financing company of Kansas
25 State Bank of Manhattan, but instead stated Baystone Financial Group, and
26 WHEREAS, City staff has subsequently learned that one piece of equipment from Jerry Pate Turf
27 and Irrigation, the Toro Reelmaster 2000, does not have ROPS available and therefore does not meet
28 the City's bid specification, and
29 WHEREAS, accordingly, the City will reject all bids and will re -bid the golf course maintenance
30 equipment bid pursuant to the terms and conditions of the Request for Proposals, and
31 WHEREAS, because of the above reasons, it is necessary to repeal Resolution No. 12,576 authoriz-
32 ing the City Manager to enter into a Lease to Purchase Agreement with Jerry Pate Turf and Irrigation
33 and Baystone Financial Group for golf course maintenance equipment.
34 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE
35 ROCK, ARKANSAS:
[PAGE 1 OF 2]
Resolution to Repeal Resolution No. 12,576
Lease to Purchase Agreement Award for Golf Course Maintenance Equipment to
Jerry Pate Turf and Irrigation and Baystone Financial Group
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Section 1. Resolution No. 12,576 to authorize the City Manager to enter into a Lease to Purchase
Agreement with Jerry Pate Turf and Irrigation and Baystone Financial Group for golf course mainte-
nance equipment is hereby repealed.
Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause,
phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such decla-
ration or adjudication shall not affect the remaining portions of the resolution, which shall remain in
full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not origi-
nally a part of the resolution.
Section 3. Repealer. All resolutions and other matters in conflict with this resolution are hereby
repealed to the extent of any consistency.
ADOPTED: October 2, 2007
ATTEST:
Na Wood, y Jerk
APPROVED AS TO LEGAL FORM:
Thomas M. Carpenter, City AttUrney
APPROVED:
Mark Stodola, Mayor
Resolution to Repeal Resolution No. 12,576 [PAGE 2 OF 2]
Lease to Purchase Agreement Award for Golf Course Maintenance Equipment to
Jerry Pate Turf and Irrigation and Baystone Financial Group