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08 - Lake Gibbons Hay LeaseItem No. 8 memorandum TO: Mayor & City Council John Godwin, City Manager FROM: Jerry McDaniel, Public Works Director SUBJECT: HAY LEASE DATE: October 10, 2018 BACKGROUND: Because the Hay Lease expired, bids were advertised on September 23 d and September 30th for the Lake Gibbons Hay Lease for five years. Bids were received and opened on Tuesday October 2nd at 3:00pm. The bid tabulation sheet dated October 2nd is attached with bid details. STATUS OF ISSUE: The City of Paris Public Works Department received three sealed bids for the Lake Gibbons Hay Lease and would like to award bid according to the bidder as indicated. BUDGET: N/A. RECOMMENDATION: Award bid to Cole Pridemore as indicated on the attached bid tabulation sheet, in the approximate amount of $3,543.25 per year. BID TABULATION HAY LEASE LAKE GIBBONS PROPERTY