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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: October 1, 2019 Re: Comm. No. 505/Res. No. 333-19 <br /> PLACE: Council Chambers <br /> Kailua-Kona, Hawaii <br /> TIME: 4:55 p.m. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 333-19, reports as follows: <br /> Resolution No. 333-19 transmitted by Finance Director Deanna S ako, via Communication No. 505 dated <br /> September 13, 2019, authorizes the payment of funds of a later fiscal year and of more than one fiscal <br /> year for a multi-year lease of six 15 cubic yard dump trucks for the Department of Public Works. <br /> This resolution authorizes the Mayor to enter into a five-year lease agreement with an approximate <br /> monthly cost of$11,400. The County would own the equipment 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. 333-19, and <br /> recommends its adoption. <br /> dnu-n <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID X COMMITTEE ON FINANCE <br /> EOFF X <br /> KANEALI'l-KLEINFELDER X <br /> KIERKIEWICZ <br /> LEE LOY X <br /> POINDEXTER X MAILS MED E60'SDAVID, CHAIR <br /> RICHARDS X FC REPORT NO.: 65 <br /> VILLEGAS X ADOPTED: 0 Inin <br />