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HomeMy WebLinkAbout25-0627 Harris Motor Sports FIRST EXTENSION OF LEASE AGREEMENT THIS FIRST EXTENSION OF LEASE AGREEMENT (hereinafter referred to as the "First Extension Agreement") is hereby made and entered into this day of , 2025, by and between the City of Elgin, an Illinois municipal corporation (hereinafter referred to as the "City"), and Harris Motor Sports, Inc., an Iowa corporation authorized to do business in the State of Illinois (hereinafter referred to as"Harris'). WHEREAS, the City and Harris hereto have previously entered into a lease agreement dated February 28, 2020 (hereinafter referred to as "Original Agreement"), wherein Harris leased to the City two (2) golf cars described as "Yamaha 4 Passenger EFI People Movers," as further described therein (the "Golf Cars"); and WHEREAS, the term of the Original Agreement terminated on June 1, 2025; and WHEREAS,the parties have determined it to be in their mutual best interests to extend the term of the Original Agreement for an additional one-year term upon the same terms and conditions of the Original Agreement, subject to the additional services and price adjustments provided for herein; and WHEREAS, the changes provided to the Original Agreement in this First Extension Agreement are germane to the Original Agreement as signed,and this First Extension Agreement is in the best interest of the City and authorized by law. NOW,THEREFORE,for and in consideration of the mutual undertakings provided herein, and other good and valuable consideration,the receipt and sufficiency of which is hereby mutually acknowledged,the parties hereto agree as follows: 1. The above recitals are incorporated into and made part of this First Extension Agreement as if fully recited herein. 2. The parties agree to extend the term of the Original Agreement for an additional one-year term, which shall be deemed to have commenced on June 1, 2025, and which shall terminate on June 1, 2026, under the same terms of the Original Agreement except as expressly provided for in this First Extension Agreement. 3. For the lease of the Golf Cars under this First Extension Agreement, the City shall pay to Harris twelve monthly payments in the amount of$200.00 per month ($100.00 per golf car per month), for a total amount of$2,400.00. 4. For the purposes of this First Extension Agreement, Attachment A of the Original Agreement shall be deleted in its entirety,and the two-page proposal and service contract prepared by Harris, dated March 31, 2025, shall be substituted therefore. 1 5. That except as amended by this First Extension Agreement,the Original Agreement shall remain in full force and effect. 6. That in the event of any conflict between the terms of the Original Agreement and the provisions in this First Extension Agreement,the provisions of this First Extension Agreement shall control. 7. This First Extension Agreement may be executed in counterparts, each of which shall be an original and all of which shall constitute one and the same agreement. This First Extension Agreement may be executed electronically,and any signed copy of this First Extension Agreement transmitted by facsimile machine or e-mail shall be treated in all manners and respects as an original document. The signature of any party on a copy of this First Extension Agreement transmitted by facsimile machine or e-mail shall be considered for these purposes an original signature and shall have the same legal effect as an original signature. IN WITNESS WHEREOF, the undersigned have entered into and executed this First Extension Agreement as of the date and year first written above. CITY OF E HARRIS MOTOR SPORTS, INC. By: By: 3 ,u2 aZIL City anager Its(insert title) Attest: Attest: City Clerk A46 Legal DeptlAgreement\Extension Agr-Harris Motor Sports Lease-Two Yamaha Golf Cars-06-12-25 docx 2 ATTACHMENT A Serving Iowa, Illinois, Nebraska 6 Wisconsin Iowa Location: ARRIS �.�+YAMAHA 155 N. Crescent Ridge • Dubuque. IA 52003 Illinois Location: 549 Heartland Drive. Suite A• Sugar Grove. IL 60554 GOLF ci F S Nebraska Location 1020 S. Highway 30 • Blair, NE 68008 1,r rc & SERVICE Wisconsin Location: 14003 Leetsbir Road • Sturtevant, WI 53177 City of Elgin Deal Type: Lease Attn:Dennis McKee Deal Duration: 1 year 3/31/2025 #of Payments: 12 Details Pricing Model Year Color Quantity Per Car(month) Annual Fleet Cost Yamaha Drive-Quietech 4 Passenger 2019 Glavcier 2 $ 100.00 $ 2,400.00 First Payment June 1,2025 Payment Months: 12 months Per Payment: $ 200.00 Accessories Included Additional Notes 1 year extension on 2019-Drive People Movers- w/Rear Facing Seats-Headlights-Tail Lights-USB- Trades Brand Year Model Quantity Value Per Car Total Trade Value Special Considerations: Quotation Expiration: Harris Golf Cars provides factory certified technicians to manage repairs and insure warranty. Harris On Call Service included- (see attached). Delivery&Set-Up included in proposal.Applicable tax not included. Fleet will be returned to Harris Golf Cars at expiration of lease-June 1,2026. *This proposal quotation is based on current fleet costs and interest rates which are subject to adjustment,increase or decrease,within 60 days of delivery. Harris Golf Cars and Yamaha appreciate your understanding and acceptance of these conditions. Customer Signature: HGC Signature: S -'`02.- °a Date: Date: ,%W45- NOTICE OF CONFIDENTIALITY.The information contained in this transmission is confidential and may be legally privileged.Unless you arc a named recipient,your reading,distributing,forwarding,or copying this communication is prohibited If you believe that you have received this communication in error,please contact me,and delete the e-mail from your system. Serving Iowa, Illinois, Nebraska & Wisconsin Iowa Location: ARRISFW YAMAHA 155 N. Crescent Ridge • Dubuque, IA 52003 Illinois Location: 549 Heartland Drive, Suite A • Sugar Grove, IL 60554 GOLF CARS Nebraska Location: 1020 S Highway 30 • Blair, NE 68008 SALES & SERVICE Wisconsin Location: 14003 Leetsbir Road • Sturtevant, WI 53177 HARRIS GOLF CARS ON-CALL SERVICE CONTRACT This service agreement shall be between the Customer,City of Elgin and the Provider,Harris Golf Cars HARRIS GOLF CARS SERVICES PROVIDE: • All recommended preventive maintenance as described by Yamaha. • On-Call service visits including labor and transportation to inspect and repair vehicles to ensure safety and Customer Satisfac- tion. • Annual Service: Labor Cost for Complete inspection and repair of components including but not limited to: steering,suspen- sion,brakes,acceleration,electrical,drive train,clutches,tires,etc. All cars will be returned to specs for safety and reliability. CUSTOMER RESPONSIBILITIES: • Perform daily pre-operation inspection. • Maintain all fluid levels and provide clean fuel and or proper battery charge.Clean,Secure&Store all Golf Cars. • Cost of parts for repairs from normal wear. • Cost of damage repairs from accident,abuse,negligence or acts of God. Harris will provide repairs on a t&m basis. • Schedule Service requests online—https://www.harris2olfcars.com/service-repair/ *This contract requires us of Genuine Harris/Yamaha Parts.All parts will be supplied by Harris/Yamaha. ADDENDUM Cars covered by this contract: Yamaha Drive PTV w/RFS. Quantity:2 total cars This agreement shall be for a period of one year—6/1//25—6/1/26 Harris Service is provided at$0 per car per month-as integral part of agreement. CUSTOMER SIGNATURE CUSTOMER TITLE DATE DISTRIBUTOR SIGNATURE %%nn��nn4. T �DISTRIBUTOR TITLEDATE n ^Dn ' umommiimp www.harrisgolfcars.com