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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: August 4, 2020 Re: Comm. No. 1018/Res. No. 699-20 <br /> PLACE: Council Chambers <br /> Hilo, Hawai`i <br /> TIME: 9:03 a.m. <br /> Council Chair and Members <br /> Hawai`i County Council <br /> Hilo, Hawai`i 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 699-20, reports as follows: <br /> Resolution No. 699-20, transmitted by Finance Director Deanna Sako, via Communication No. 1018 <br /> dated July 17, 2020, authorizes the payment of funds of a later fiscal year and of more than one fiscal <br /> year for a multi-year lease for one color copy machine for the Department of Research and Development. <br /> This resolution authorizes the Mayor to enter into a five-year lease agreement with an approximate <br /> monthly cost of$112.50 and provides for the County to own the equipment at the end of the lease. <br /> A motion to move Resolution No. 699-20 to Council with a positive recommendation was made by <br /> Council Member Villegas, and seconded by Council Member Eoff, with no discussion had. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 699-20, and <br /> recommends its adoption. <br /> db <br /> Al ES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID x COMMITTEE ON FINANCE <br /> EOFF X <br /> KANEALI`I-KLEINFELDER X <br /> KIERKIEWICZ X ,71:/# <br /> LEE LOY X <br /> POINDEXTER x MAILE MEDEIROS D VID, CHAIR <br /> RICHARDS X FC REPORT NO.: 130 <br /> VILLEGAS X ADOPTED: AUG 1 9 2020 <br />