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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: September 16, 2014 Re: Comm. No. 1001/Res. No. 502-14 <br /> PLACE: Council Chambers <br /> Kona, Hawai`i <br /> TIME: 1:00 p.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. 502-14, reports as follows: <br /> Resolution No. 502-14, transmitted by Finance Director Nancy Crawford, via Communication No. 1001 <br /> dated August 18, 2014, authorizes the payment of funds of a later fiscal year and of more than one fiscal <br /> year for a multi-year maintenance agreement to service a large-scale plotter/copier/scanner. <br /> The resolution authorizes the Mayor to enter into a three-year maintenance agreement at an approximate <br /> annual cost that is not expected to exceed $650. <br /> There was no discussion on this measure. <br /> Pursuant to Section 10-11, Hawai`i County Charter, any contract, lease or other obligation requiring <br /> payment of funds from the appropriations of a later fiscal year or of more than one fiscal year shall be <br /> made or approved by resolution. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 502-14, and <br /> recommends its adoption. <br /> sc <br /> AYES NOES ABS EX Respectfully submitted, <br /> EOFF X <br /> FORD X COMMITTEE ON FINANCE <br /> ILAGAN X <br /> KANUHA X <br /> KERN X / / , <br /> ONISHI X <br /> POINDEXTER X VALERIE T. POINDEXTER, CHAIR <br /> WILLE X FC REPORT NO.: 192 <br /> YOSHIMOTO X ADOPTED: OCT 0 1 2014 <br />