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REGULAR MEETING <br />One Unit. <br />Unit Price: <br />Extension: <br />MARCH 7, 1994 <br />$ 4,265.00 <br />$ 4,265.00 <br />ITEM V. GAS -POWERED <br />FOUR-WHEEL <br />UTILITY VEHICLE WITH BALL <br />PICKER HITCH - 1994 MELEX 512G <br />Gas -powered four wheel utility <br />vehicle with ball picker hitch <br />as specified in bid <br />documents. <br />One Unit. <br />Unit Price: <br />$ 3,500.00 <br />Extension: <br />$ 3,500.00 <br />ITEM VI: ALTERNATE - LEASE PURCHASE FINANCING <br />Terms of Lease Purchase Financing <br />Interest Rate: 5.24% <br />Term: Three (3) years annual payment due 10/15 <br />Interest Rate: 5.67% <br />Term: Five (5) years annual payment due 10/15 <br />Other: Detailed proposal available. Upon request other <br />payment modes are available; monthly, quarterly, <br />semi-annual, also skip payments due May thru <br />October. <br />ITEM VII TRADE-IN REDUCTION AND CONDITIONS <br />Total amount of trade-in reduction: $ 22,100.00 <br />Trade-in conditions (if any): <br />ITEMS VIII - TERMS AND CONDITIONS OF WARRANTIES; ONSITE <br />INVENTORIES; MAINTENANCE AGREEMENTS <br />Three (3) year Warranty on golf cars. Inventories as needed. <br />Maintenance Agreements - $50.00 per car per year, plus cost <br />of parts not covered under warranty. <br />RAY'S GOLF CAR, INC. <br />3817 Western Avenue <br />South Bend, Indiana <br />Bid was signed by Mr. Ray O. DeRyckere, President, Non - <br />Collusion Affidavit was in order, Non -Discrimination <br />Commitment form was completed and an Official Check in the <br />amount of $34,244.72 was submitted. <br />BID: <br />ITEM #I - ELECTRIC POWERED GOLF CARTS <br />Electric -powered golf carts as specified in bid documents: <br />Seventy units. Unit Price: $ 2,646.71 <br />Extension: $185,269.70 <br />Alternates: <br />3-1/2 horsepower motor. Seventy units. <br />Unit Price: $ 186.25 <br />Extension: $ 13,037.50 <br />4 beverage cup holder. Seventy units. <br />Unit Price: $ No Charge <br />Extension: $ No Charge <br />Canopy top & windshield. Up to <br />seventy. <br />Unit Price: $ 186.00 <br />Extension: $ 13,020.00 <br />Attachment "A" which was submitted contains exceptions. <br />