Item 57

Authorize the Division of Parks and Recreation, Cannon Mountain Ski Area to select as sole source, a new Prinoth Bison W Tier 4 Snow Groomer to be used for mountain ski operations financed through an equipment lease agreement with Signature Public Funding Corp. Effective upon G&C approval. (2)Further authorize to exercise a fourth yearly equipment lease financing option by entering into a Tax Exempt Equipment Lease Financing Agreement with Signature Public Funding Corp., Greenwich, CT (originally approved by G&C on 12-7-16, item #43), in the total amount of $473,459 for a 4-year annual lease schedule for the new Prinoth Bison W Tier 4 Snow Groomer. Effective upon G&C approval through December 13, 2023, with the option to seek yearly equipment lease financing with SPFC for subsequent equipment lease schedules over the next 2 years. 100% Other Funds (Agency Income).