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Form : B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Finance DATE: 9/14/22 <br /> I <br /> 3 <br /> STAFF CONTACT: Naomi O'Dell PHONE: 961-8021 <br /> i <br /> 3 <br /> A. REQUEST: <br /> 3 <br /> Request a resolution to authorize the VRL division to enter into a multi-year lease for five (5) years for a <br /> multi-function copier. <br /> The copier will be assigned to the Driver Licensing/ Commerical Driver Licensing/ Periodic Motor Vehicle <br /> Inspections Office - Kona Office, located at 75-5044 Ane Keohokalole Hwy., Kailua-Kona, HI 96740. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> The lease for the current copier will expire in February 2023. It is necessary to enter into a lease agreement <br /> for a new copier to continue essential daily operations. <br /> The estimated lease cost is $72.00 per month for a sixty (60) month term. This estimate is based on an <br /> average monthly print volume of 878 pages. The estimated FY22-23 payments are budgeted in the FY22-23 a <br /> operating budget Lease payments for subsequent years will be budgeted accordingly. <br /> Payments will begin after the delivery of equipment. <br /> SEP 2022 <br /> SIGNED: DATE: z) <br /> Department Head <br />