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Home My WebLink About2017-02-14; Public Financing Authority; Resolution 73RESOLUTION NO. 73 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD PUBLIC FINANCING AUTHORITY APPROVING THE PURCHASE OF 89 GOLF CARTS AND SIX ANCILLARY CARTS FROM EZGO INC., IN AN AMOUNT NOT TO EXCEED $605,000, AND AUTHORIZING THE ADMINISTRATIVE SERVICES DIRECTOR TO APPROPRIATE FUNDS FROM THE GOLF COURSE FUND TO THE CROSSINGS AT CARLSBAD. EXHIBIT 1 WHEREAS, the Carlsbad Public Financing Authority, hereafter the "Authority", has previously entered into a contract with Kemper Sports Management, Inc., hereafter "Kemper", for the operation and maintenance of The Crossings at Carlsbad Golf Course, authorized by the Authority on December 4, 2012 by Resolution No. 60; and WHEREAS, under Section 2.23 of the contract with Kemper, the Authority is required to approve and execute any contract exceeding $25,000; and WHEREAS, proposals were prepared at the request of Kemper to provide the Authority with 89 golf carts and six ancillary carts for use at the golf course; and WHEREAS, the Authority received proposals from EZGO Inc. and Club Car, LLC, for the 89 golf carts and six ancillary carts; and WHEREAS, the proposals were evaluated by both Kemper staff and City of Carlsbad Administrative Services Department and Parks & Recreation Department staff; and WHEREAS, purchase ofthe golf carts and ancillary carts will be paid from funds appropriated from the Golf Course Fund; and WHEREAS, The Crossings at Carlsbad will repay the Golf Course Fund for the total amount of the purchase cost over a four year period in equal monthly installments which shall include interest expense at the rate of the average annual earnings on the city's portfolio on June 30 of the previous fiscal year, which is currently 1.15 percent. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad Public Financing Authority that: 1. The above recitations are true and correct. 2. The purchase ofthe stated carts from EZGO Inc., by The Crossings at Carlsbad Operator, Kemper Sports Management, Inc., in an amount not to exceed $605,000, is approved, and the Chairman of the Board is authorized and directed to execute the proposal from EZGO Inc., to provide 89 EZGO RXV Elite golf carts and six ancillary carts, attached hereto as Attachment A. 3. The appropriation of funds from the Golf Course Fund to The Crossings at Carlsbad, by the Administrative Services Director, in an amount not to exceed $605,000, is approved. PASSED, APPROVED AND ADOPTED at a Special Meeting ofthe Board of Directors ofthe Carlsbad Public Financing Authority on the 14th day of February, 2017, by the following vote, to wit: AYES: M. Hall, K. Blackburn, M. Packard. NOES: C. Schumacher. ABSENT: M. Schumacher. ,,~£1·0~ ~-fktc) BARBARA ENGLESON, Secr~t'ary (SEAL) Item #13 February 14, 2017 Page 6 of 18 ATTACHMENT A PREPARED FOR: The Crossings at Carlsbad @ cus~~: Item #13 February 14, 2017 Page 7 of 18 Date:1/18/2017 Dear, Mr. Tate Stull The Crossings at Carlsbad E-Z-GO is honored to prepare this exclusive revised proposal for The Crossings at Carlsbad. For over 60 years, E-Z-GO has pioneered the golf car industry with its innovative, reliable and durable vehicles. E-Z-GO is committed to providing its customers with vehicle solutions that exceed expectations and perform to the demands of their facilities. E-Z-GO and Cushman vehicles are manufactured in our globally recognized, award-winning facility in Augusta, GA. Whether you choose the "TXT or RXV" golf car, you can expect proven reliability and the industry's latest innovations. Cushman utility and hospitality vehicles are available in electric, gas and diesel models, and are purpose-built to tackle all of your operation's maintenance and hospitality needs. But the E-Z-GO advantage goes beyond our products. When you choose E-Z-GO, you gain access to a level of service and support unsurpassed in the Industry, through the largest fleet offactory direct service technicians, our strong network offactory-owned branch locations and authorized distributors. · E-Z-GO is dedicated to advancing the game of golf and the industry that is the engine behind it. We are a Platinum Corporate Advantage partner of the Club Managers Association of America, a silver partner with the Golf Course Superintendent Association of America, and provide support to numerous regional and local association chapter and events throughout the world of golf. Our repu~ation for quality, performance and customer service has made us fortunate to enjoy the company of some of the most famous facilities in golf, from Pebble Beach, Spyglass Hill, and Pinehurst Resort. As you review the enclosed materials, please do not hesitate to contact me with additional questions. I look forward to hearing from you soon. With sincere appreciation, Mike Cross Fleet Sales 760-285-0430 mcross@textron.com CUSHMAN. U'I"S-11;: Item #13 February 14, 2017 Page 8 of 18 OUR HISTORY During the hot summer of 1954, in a cramped one-room machine shop in Augusta, two brothers founded E-Z-GO from a simple belief that they could build a better golf car, to better meet the need of the customer. From those humble beginnings, E-Z-GO has grown into a global leader in the golf industry and light transportation, building many thousands of vehicles each year from its global headquarters in Augusta, which has been recognized as one of the top 10 manufacturing facilities in North America by Industry Week magazine. E-Z-GO manufactures multiple, extensive lines of vehicles, including golf cars, utility vehicles, personnel carriers, refreshment vehicles and is able to customize any vehicle to your unique requirements. E-Z-GO became part of Textron Inc. (NYSE: TXT) in 1960. This global, multi-industry company leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for more than a century for its rugged, reliable and versatile work machines. Today, nearly 60 years after the first E-Z-GO vehicle was built in that sweltering one-room shop, E-Z-GO still has that single belief -that it exists to build vehicles and services that exceed the expectations of the customer. It is the drive to sustain and improve that position -to offer an unparalleled combination of world-class products, advanced technology, manufacturing expertise, and extraordinary service-that leads E-Z-GO to cover new ground. PRICING The Crossings at Carlsbad QTY MAKE MODEL YEAR TEftMS Price Per Unit Extended 89 E-Z-GO RXV/Eiite 2017 CASH $5,794.00 $515,666.00 2 Cushman Oasis Beverage 2017 48 mo Exec Demo $0.00 $0.00 1 Cushman Shuttle 6 2017 CASH $11,220.43 $11,220.43 1 Cushman Hauler Pro 2017 CASH $10,929.20 $10,929.20 1 Cushman Diesel Range 2017 CASH $14,641.00 $14,641.00 1 Cushman Shuttle 2 2017 CASH $10,016.00 $10,016.00 89 TKV 10" GPS 2017 CASH $1,580.00 $140,620.00 Sub Total $703,092.63 Tax 7.75% $54.489.68 Total $757,582.31 90 EZGO RXV 2013 Trade In Amount $1,700.00 $153,000.00 Total after trades $604,582.31 INCLUDED ACCESSORIES USB Ports 10" Tourmax Alloy Wheels Premium High Back Seats Lithium Batteries w/ a Five Year Warranty Sand Bottles (2) Upgraded Steering Wheel Parts Package Fold Down Windshield Custom Logo Cooler Coastal Package #Decals Lease Schedule: N/A Payment Months: Net 30 Days Delivery: Mar-2017 First Pay: Net 30 Days SPECIAL CONSIDERATIONS: EZGO estimates the FMV of a used 2017 RXV Elite golf car in the year 2021 to be 2,650-2800. The FMV is an estimate and not a guarantee. The actual value will depend on the condition of the car and market value at that time. EZGO will write a check for your current fleet of 90 2013 RXV's in the amount of $1,700 per car for a total of $153,000. All trades must be in running condition and a fleet inspection will be done prior to pick up. It is the clubs responsibility to either repair damages noted or pay for these repairs to be completed. All cars must have a working charger. All trade values are contingent upon management approval. Insurance cost are not included. ~\ <;. be;tc-\ \>""'\,\ \"' !Ult..~·~ E-lCGOText•on,~ Accepted by: /2 (j ' -Accepted by: ~ Title: Title: r o ... ;L-J6~ 17 Date: Item #13 February 14, 2017 Page 10 of 18 RXV ELiTE Energy Savings Calculation .~~~·~ Li Course Name Course Contact Course Address A Textrcm Cornpany Currenl;IComparative Cars Number of Vehicle Rounds Number of Vehicles Ownership Term (month) Cost per I<Whr Monthly Energy Savings Per Car($) Monthly Watering Savings Per Car ( S) Monthly Direct Savings Per Car Monthly Direct Savings Per Fleet Lifetime Energy Savings ( S) Lifetime Watering Savings($) * Ufetfme Direct Savings The Crossing at Carlsbad Tate Stull 5800 The Crossings Dr. Carlsbad. CA 92008 s s s $ s s s $ Club Car Precedent 50,000 90 48 0.14 7.54 1.52 9.06 815.25 32,580 6,552 39,132 EXH/BIT2 * Does not include filling systems. filters. or de-ionizers Indirect Benefits and Savings Opportunities Reduced cleaning, inspection, maintenance, service, and battery replacement Faster recharging times, "top off" opportunity charging Responsive hill climbing and smooth ride 250+ pound weight reduction Range at the end of term/life Friendly on the environment Longer warranty Battery Warra nty-EliTE 5.0 Years -=B:.::a:.::tt:.::e~ry~W..:.:..;:a;.;..r;..;;ra;.;..n;.;;ty'---=C.=u:..:.rr-=e;..;n.:..t ;..;FI:.::e-=et.:.._* ----------------';..;·.;....7 Years Increased Warranty (Years) 3.3 Years * If current fleet warranty is less than 4 years it is limited by amp hour allotment e energy savings potential for the RXV EliTE System is based on real course side by side comparisons certJfi by an independent testing laboratory. The actual realized savings for each course will vary based on a cour s unique topography, total distance. style of play and local utility rates. Item #13 February 14, 2017 Page 11 of 18 E-Z-GO's History of Innovation • E-Z-GO, Founded in 1954 • • • • • • • • • • • • • • • • 1969: Rack and pinion steering 1984: Fufly automatic charger 1 994: Powder coat protection 1995: Inductive throttle sensor 1995: Automotive-quality body panels 1999: Regenerative braking, anti-roflback and diagnostic capabilities, Precision Drive 2002: Industry's first to become ISO 900 1 and 1400 1 certified 2007: High frequency charger, PowerWise OE 2008: AC Drive with fuJI-time regenerative braking 2008: lntelli-Brake automaticafly applied parking bral<e and downhill speed control 2009: TruCourse Technology 20 1 0: 2Five LSV 20 11 : Exceed hybrid technology 2014: 72V AC utility powertrain 20 16: 4 wheel hydraulic brake system with lnteiJi-Brake 20 17: ELiTE lithium battery technology Item #13 February 14, 2017 Page 12 of 18 • . I LITHIUM ; ·-~~ ....... ,. ...... ' Jv-1 i l I Electronic marketing piece to be available this week I . I Item #13 February 14, 2017 Page 13 of 18 30 25 "' 20 ... :::s 0 =F 15 c. E <t 10 5 25.9 22.1 Club Car Precedent Competitive Energy Consumption Vehicle Energy Consumption per Round 6,100 yd course (White), 6.4mile loop, 890ft elevation change 28.0 25.8 E-Z-GO TXT 27.7 24.8 Yamaha Drive AC • Net Regen 1---24.2 ---------- 18.7 E-Z-GO RXV t---19.3 ------ 16.4 E-Z-GO TXT ELiTE 13.2 E-Z-GO RXV ELiTE RXV EliTE, The most efficient golf car ... Ever Item #13 February 14, 2017 Page 14 of 18 !..... ..c::: 2.0 1.5 $ 1.0 ~ 0.5 Competitive Energy Requirements Energy Requirement From Outlet per Round, Vehicle & Charger 6,100 yd course {White), 6.4mile loop, 890ft elevation change 2.04 Club Car Precedent 1.91 E-Z-GO TXT 1.74 Yamaha Drive AC E-Z-GO RXV 1.10 E-Z-GO TXT EliTE 0.83 E-Z-GO RXV EliTE More efficient charging, dramatic reduction in power bill Item #13 February 14, 2017 Page 15 of 18 40 35 "' 30 ... :::::1 0 25 J: I c. 20 E <t 15 10 5 0 Vehicle Energy Consumption per Round Estimate for The Crossing at Carlsbad 41.0 • ------------------37.0 31.5 37.2 E-Z-GO RXV Club Car Precedent 22.2 E-Z-GO RXV ELiTE We predict roughly a 40% improvement in vehicle efficiency at the Crossings at Carlsbad vs. Precedent Charging will provide additional savings ----::._,-- Item #13 February 14, 2017 Page 16 of 18 • Crossing at Carlsbad The Crossings at Carlsbad is a VERY high ~nergy usage course. The ELiTE system was designed specifically around this course and its energy usage. Based on January 26, 20 13 Service Call Monthly gross energy use: 1,124 amp hours (RXVJ Distance: 7.45miles Elevation gain: 1,292 ft Estimated energy usage and warranty: RXV ELiTE, 5 year warranty versus Precedent, 1.7 year to consume 251< amp hour warranty Triple the warranty + lower cost to operate + no maintenance battery = Better investment Item #13 February 14, 2017 Page 17 of 18 Zero Maintenance 50 X 3 X 20 X 5 = VEHICU5 MINUTES TIMES fUR Fl!£T llA!TfRY WAT£ll)ljG lf~~ WAIER!Nr. 9ATTf~lf~ PER VI:HICLE Pel '/WI Turf Protection Consistent Performance 9LBS 1THIUM BAnERIES !z..&UIII l'tlj ~ll 'I I _hl~;l l,...._ [ vs. !!~ .. ~~~' J 3 YEARS ELiTE Key Highlights Cost-Saving Energy Efficiency MORE 59% EFFICIENT VS. CLUB CAR MORE 52% EFFICIENT VS. YAMAHA Smart Batteries 5 Year Warranty Eco Friendly The most efficient golf car to operate, ever I Item #13 February 14, 2017 Page 18 of 18 • EliTE Advantages Advantages for the course • Reliability : consistently mal<es rounds, even at end of the lease • Less turf stress: 200+ pounds lighter • Durable: the battery will last the entire lease term • 5 year warranty, no amp hr: less exposure to out of pocl<et expenses • Maintenance free: serve customers not cars, no watering • Efficiency: vehicle and charger efficiency improvement • Responsive: improved ride quality and nimble hill climbing • Uptime: recharges faster, full recharge within 4 hours . • Environmental: Less material to recycle at longer intervals • Clean: No acid spills or car barn ventilation requirements A significant improvement vs. lead acid batteries