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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: March 31, 2015 Re: Comm. No. 209/Res. No. 129-15 <br /> PLACE: Council Chambers <br /> Hilo, Hawaii <br /> TIME: 10:24 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.129-15, reports as follows: <br /> Resolution No. 129-15, transmitted by Finance Director Deanna S. Sako, via Communication <br /> No. 209 dated March 12, 2015, authorizes the payment of funds of a later fiscal year and of more <br /> than one fiscal year for a multi-year lease for one copier for the Department of Research and <br /> Development. <br /> This Resolution authorizes the Mayor to enter into a five-year lease agreement for a copier at an <br /> approximate cost of$2,500 per year. <br /> There was no discussion on this matter. <br /> Pursuant to Section 10-11, Hawaii County Charter, any contract, lease or other obligation <br /> requiring the 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 /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 129-15, <br /> and recommends its adoption. <br /> wb <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID x COMMITTEE ON FINANCE <br /> EOFF X <br /> ILAGAN X <br /> KANUHA X <br /> ONISHI X c� *✓ � <br /> PALEKA x KAREN EOFF, CH IR <br /> POINDEXTER X FC REPORT NO.: 17 <br /> WILLE X ADOPTED: APH 1 5 ZU15 <br />