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O. <br /> COUNTY OF HAWAII •i '''=\ <br /> ' r ` STATE OF HAWAII <br /> RESOLUTION NO. 737 20 <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 OF ONE (1) 20-YARD DUMP TRUCK <br /> FOR THE DEPARTMENT OF PARKS AND RECREATION <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 <br /> agreement for five (5) years, for one (1) 20-yard dump truck; and <br /> WHEREAS, this large capacity dump truck will be used to haul materials and <br /> equipment for construction and ground maintenance projects island wide; now <br /> 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 agreement for the equipment as indicated above, for the <br /> Department of Parks and Recreation. <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 />