pilot_mountain_board_of_commissioners_regular_meet.pdf
Town continues Fitness Smith lease-purchase for gym equipment
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Description
The Town of Pilot Mountain maintains an ongoing lease-purchase agreement with Fitness Smith for fitness and cardio equipment at the Armfield Recreation Center, with financing payments covered by the Town. Until December 2029, the Town will also pay half of repair and maintenance costs up to $5,000 per fiscal year before transferring ownership to ARC for $10.
Contract Details
Vendor
FITNESS SMITH
Agency
Town of Pilot Mountain, NC
Contract Type
EQUIPMENT
Document Date
December 8, 2025
Contract Term
Lease/purchase term through December 2029 for fitness and cardio equipment
Renewal Date
2029-12-31
Renewal Info
Lease/purchase runs through December 2029, at which point equipment ownership transfers to ARC upon a $10 payment; no automatic renewal is described.
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