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Item No. 9 <br />TO: Mayor & City Council <br />John Godwin, City Manager <br />FROM: Jerry McDaniel, Public Works Director <br />SUBJECT: PASTURE LEASE <br />DATE: October 10, 2018 <br />BACKGROUND: Because the Pasture Lease expired, bids were advertised on September 23rd <br />and September 30th for the Lake Gibbons Pasture Lease for five years. Bids were received and <br />opened on Tuesday October 2nd at 3:00pm. The bid tabulation sheet dated October 2"d is attached <br />with bid details. <br />STATUS OF ISSUE: The City of Paris Public Works Department received two sealed bids for <br />the Lake Gibbons Pasture Lease and would like to award bid according to the bidder as <br />indicated. <br />BUDGET: N/A. <br />RECOMMENDATION: Award bid to Cole Pridemore as indicated on the attached bid <br />tabulation sheet, in the approximate amount of $3,456.75 per year. <br />