Item 43

Authorize the Division of Parks and Recreation, Cannon Mountain Ski Area to select as sole source , a new Prinoth Bison Park Tier 4 Snow Groomer to be used for mountain ski operations financed through an equipment lease agreement with Signature Public Funding Corp. (2)Further authorize to enter into a Tax Exempt Equipment Lease Financing Agreement with Signature Public Funding Corp., Greenwich, CT, for a 4-year annual lease schedule for the new Prinoth Bison Park Tier 4 Snow Groomer, in the total amount of $369,009.87. Effective upon G&C approval through December 8, 2020, with the option to seek yearly equipment lease financing with SPFC for subsequent equipment lease schedules over the next 4 years. 100% Agency Income.