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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: March 8, 2012 Re: Comm. No. 599/Res. 227-12 <br /> PLACE: Council Chambers <br /> Hilo, Hawaii 96720 <br /> TIME: 10:07 a.m. <br /> Council Chair and Members <br /> Hawai`i County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Resolution 227-12, reports as follows: <br /> Resolution 227-12, transmitted by Finance Director Nancy Crawford via Communication <br /> No. 599, dated February 17, 2012, authorizes the payment of funds of a later fiscal year and of <br /> more than one fiscal year for a multi-year lease for two copiers for the Finance Department's <br /> Vehicle Registration and Licensing division. The machine they currently use are over ten years <br /> old and near the end of their useful lives. They wish to replace them with new units, to be used <br /> in the Motor Vehicle Registration and Vehicle Registration and License Administration section <br /> and at the Hilo Periodic Motor Vehicle Inspection section locations. <br /> Pursuant to Section 10-11, Hawai`i County Charter, any contract, lease or other obligation <br /> requiring payment of funds from the appropriations of a later fiscal year or of more than one <br /> fiscal year shall be made or approved by resolution. <br /> Chair Brenda Ford relinquished the chairmanship to Vice Chair Dominic Yagong, and he <br /> assumed chairmanship of the Finance Committee. <br /> There was no discussion on this measure. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution 227-12, and <br /> recommends its adoption. <br /> dkr <br /> AYES NOES A&E EX Respectfully submitted, <br /> BLAS X <br /> FORD X COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA X <br /> ONISHI X fXL7t,4%-- (---- <br /> PILAGO X <br /> SMART X BRENDA FORD, CHAIR <br /> YAGONG X FC REPORT NO. 205 <br /> YOSHIMOTO x ADOPTED: MAR 2 1 2012 <br />