Chillicothe City Council members approved lease-purchase agreements of a golf fleet package for the city-owned Green Hills Golf Course. The agreements include a conditional sales agreement with Yamaha commercial customer finance and a repurchase agreement with Yamaha Golf-Car Company.

 Chillicothe City Council members approved lease-purchase agreements of a golf fleet package for the city-owned Green Hills Golf Course. The agreements include a conditional sales agreement with Yamaha commercial customer finance and a repurchase agreement with Yamaha Golf-Car Company. The agreement authorizes the lease purchase of a fleet package consisting of 50 golf cars and two utility vehicles. The agreements include a conditional sales agreement and a repurchase agreement with Yamaha Golf-Car Company to purchase the fleet at the end of the lease. The agreement is for 50 golf-cars, rather than 60, which is what the course currently has. However, because of the city’s contract with Great Life Kansas City which manages the golf course, resources are available to add carts when the needed. The monthly payment is $2,063 for the golf cars; and $79.23 and $126.88 for each of the utility cars. The payments will be for 60 months. At the end of 60 months, Yamaha will buy back the vehicles: $93,750 for the golf cars, and $1,100 and $1,350 on the utility cars.