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S <br /> FC-48 Page 2 October 3, 2017 <br /> noted that the armory space contains 6,500 square feet and stated that Office of Aging is at <br /> $538,000 but that lease is ending and the proposal is to escalate significantly. Right now the <br /> rented portion is just under 17,000 square feet for the facility and warehouse space. Mr. Chung <br /> asked if building a place has been considered. Ms. Sako stated that they are looking at different <br /> options as they evaluate the leases as well as looking into buying some of the current facilities. <br /> She noted that building something is difficult because the County does not have land in the area. <br /> Council Chair Valerie Poindexter supports this but expressed concerns of taking retail space away <br /> and the effects on Hilo. She suggested that this area be left for retail and to check into the old <br /> State buildings that are being abandoned. A possibility would be to work with the State and have <br /> them give the County an executive order for the land and then build something. She noted that <br /> these areas of Hilo can be left for other potential retail stores. <br /> Council Member Dru Mamo Kanuha agreed and is in favor of consolidating and building a new <br /> facility that can house and support many different departments. The County needs to look at <br /> different ways to make space for the County and also to generate income by renting unused <br /> spaces. <br /> Mr. Chung asked if there will be any capital expenditures in getting this shell ready for <br /> occupancy. Ms. Sako expressed there will be some but the landlord is willing to help with the <br /> build out costs and renovations, and that the County is also working with Public Works to keep <br /> our costs down. <br /> Pursuant to Section 10-11 of the 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 be <br /> approved by resolution." <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 312-17, <br /> and recommends its adoption. <br /> dm <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID X COMMITTEE ON FINANCE <br /> EOFF X <br /> KANUHA X <br /> LEE LOY X '.440 <br /> O'HARA X <br /> POINDEXTER X MAILE DAVID, CHAIR <br /> RICHARDS X FC REPORT NO.: _ 4.8 _ <br /> RUGGLES X ADOPTED: <br />