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.OJMtV OF N, , <br /> COUNTY OF HAWAII : > �_• STATE OF HAWAII <br /> fir'�:�•:r► <br /> RESOLUTION NO. 387 17 <br /> RESOLUTION AUTHORIZING THE PAYMENT OF FUNDS OF A <br /> LATER FISCAL YEAR AND OF MORE THAN ONE FISCAL YEAR <br /> FOR A MULTI-YEAR LEASE FOR ONE (1) SINGLE DRUM <br /> VIBRATORY ROLLER <br /> WHEREAS, Section 10-11 of the County Charter requires that any contract, <br /> lease or other obligation requiring payment of funds from the appropriations of a <br /> later fiscal year or of more than one fiscal year be approved by resolution; and <br /> WHEREAS, the County of Hawaii wishes to enter into a multi-year lease for <br /> five (5) years, for one (1) single-drum vibratory roller; and <br /> WHEREAS, this equipment will become the property of the Department of <br /> Public Works upon completion of the terms of the lease; now therefore, <br /> BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br /> 1. That the Mayor is hereby authorized to enter into a five (5) year <br /> lease for the equipment as indicated above, for the Department of <br /> Public Works. <br /> 2. That sufficient funds be budgeted in future fiscal years to cover the <br /> anticipated obligations of the County under the terms of the <br /> agreement. <br />