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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: November 19, 2018 Re: Comm. No. 1163/Res. No. 752-18 <br /> PLACE: Council Chambers <br /> Kailua-Kona, Hawai`i <br /> TIME: 10:35 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. 752-18, reports as follows: <br /> Resolution No. 752-18, transmitted by Finance Director Deanna S. Sako, via Communication No. 1163 <br /> dated October 30, 2018, authorizes the payment of funds of a later fiscal year and of more than one <br /> fiscal year for a multi-year lease for one compact track loader with an auger drill hydraulic hammer <br /> attachment. <br /> This resolution authorizes the Mayor to enter into a five-year lease agreement for the equipment for the <br /> Parks and Recreation, Parks Maintenance Division, at an approximate cost of$1,477 per month. The <br /> County will own the loader at the end of the lease. <br /> There was no discussion on this matter. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 752-18, and <br /> recommends its adoption. <br /> dmm <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID x COMMITTEE ON FINANCE <br /> EOFF X <br /> KANUHA �/ <br /> ed - <br /> LEE LOY X <br /> O'HARA X / `I � <br /> POINDEXTER x MAILE DAVID, CHAIR <br /> RICHARDS X FC REPORT NO.: 153 <br /> RUGGLES X ADOPTED: DEC 1 9 2018 <br />