Item 52

Authorize the Division of Parks and Recreation, Cannon Mountain Ski Area, to select as sole source, a new Prinoth Bison S Tier Snow Groomer to be used for mountain ski operations financed through an equipment lease agreement with Signature Public Funding Corp. (2)Further authorize to exercise a second 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 $364,580.45 for a 4-year annual lease schedule for the new Prinoth Bison S Tier Snow Groomer. Effective upon G&C approval through November 15, 2021, with the option to seek yearly equipment lease financing with SPFC for subsequent equipment lease schedules over the next 3 years. Effective upon G&C approval. 100% Agency Income.