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t~w~ ~`y COUNTY OF HAWAII STATE OF HAWAII ••~M M~ RESOLUTION NO. 5 U6 U 6 RESOLUTION AUTHORIZING THE PAYMENT OF FUNDS OF A LATER FISCAL YEAR AND MORE THAN ONE FISCAL YEAR FOR AMULTI-YEAR LEASE OF REAL PROPERTY FOR THE OFFICE OF THE COUNTY COUNCIL AND OFFICE OF THE COUNTY CLERK WHEREAS, on October 18, 2005, the council adopted Resolution No. 188-05, for the lease of 6,871 square feet of office space for the council and clerk's staff from BF Hilo Partners for a period of 12 months; and WHEREAS, the lease with BF Hilo Partners was executed on June 20, 2006; and WHEREAS, the Hawaii County Council finds that there is uncertainty as to the time needed to renovate the Hawaii County Building; and WHEREAS, Section 10-11 of the County Charter requires that any contract, lease, or other obligation requiring payment of funds from the appropriations of a later fiscal yeaz and more than one fiscal yeaz be approved by resolution; and WHEREAS, there are sufficient funds budgeted in the current fiscal year to cover the anticipated obligations of the County under the lease agreement; and WHEREAS, the Hawaii County Council wishes to enter into a Sve (5) yeaz extension of the lease agreement with BF Hilo Partners for the 6,871 square feet of office space located at 333 Kilauea Avenue, Hilo, Hawaii, 96720 to coincide with the lease agreement dates for the Legislative Research Branch and the Reprographic Division approved under Resolution No. 460 -06. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII: 1. That the Mayor is hereby authorized to enter into amulti-year lease agreement for office space for the Hawaii County Council. 2. That sufficient funds be budgeted in future fiscal years to cover the anticipated obligations of the County under the lease agreement.