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• • <br />CITY OF LA PORTE <br />METHOD OF AWARD <br />The City of La Porte will award the bid for sixty (60) electric golf cars as <br />follows: <br />OPTION 1: Purchase and provide full payment for sixty (60) cars. <br />OPTION 2: Purchase sixty (60) electric cars with payment as <br />follows: <br />- Purchase forty (40) electric cars with full cash <br />payment, <br />- Lease twenty (20) electric cars for eighteen (18) <br />months with no monthly lease payment due for said <br />eighteen (18) months. At that time, full lease <br />payment due on all twenty (20) cars with title <br />transferred to the City of La Porte. <br />OPTION 3: Lease sixty (60) electric golf cars with payment as <br />follows: <br />- Lease payment to be in four (4) equal payments, <br />the first to be made upon delivery of the sixty <br />(60) electric golf cars. The remaining three (3) <br />payments to be made at six (6) months intervals <br />with title to be transferred upon receipt of final <br />payment. <br />:,;.. <br />.,: ,4~r" <br />