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HomeMy WebLinkAboutCOM 0197.000 2020-2022 Mitchell D. Roth %.).1!1±,f.. ' Deanna S. Sako Mayor • tP . ^ \old; `r, Director 1• " Steven A. Hunt • •= '" % • Deputy Director +i ;rrr;: os •,: TF p;.AP"--- •County of Hawai 1 Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 • Fax(808)961-8569 April 1, 2021 Maile Medeiros David, Council Chair and Members of the Hawai`i County Council Hawai`i County Council 25 Aupuni Street Hilo, Hawai`i 96720 Re: Resolution for multi-year lease Enclosed is a resolution authorizing the payment of funds for more than one fiscal year, for one crane truck for the Department of Public Works. The monthly cost will be approximately $5,000. The equipment will be used island wide by the Department of Public Works Signals and Street Lights Section to remove and install taller traffic poles with mast arms. If there are any questions,please do not hesitate to call Aaron Takaba of the Department of Department of Public Works at 961-8341. Deanna S. Sako Director of Finance Enc. c: DPW ties. S' -aA> Comm. No. Ref. To: Hawaii County is an Equal Opportunity Employer and Provider Ref. Oche APR - 5 2021 Form#: B-52 7118/91 DEPARTMENT OF FINANCE • REQUEST FOR COUNCIL ACTION DEPARTMENT: Public Works DATE: 03/29/2021 STAFF CONTACT: Aaron Takaba PHONE: 808-961-8341 A. REQUEST: The Department of Public Works Traffic Division is requesting a resolution authorizing the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year llease of one (1) Crane Truck for the Signals and Street Lights section. The lease to purchase would be for a period of no more than five (5) years. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The new crane truck will be used islandwide for hauling materials to job sites, changing Intersection Controller Cabinets and UPS Cabinets, and installing street light poles and traffic signal poles with mast arms. The current crane truck has a limited boom arm length of 24'which makes it challenging for the crew to restand street light poles and new traffic signal poles with mast arms. To remove and install taller traffic signal poles with mast arms, we currently hire a contractor with a large crane truck to assist with installation. • The new equipment will increase productivity, efficiency, reduces expenses in the long run and improve the ability of the Traffic Signal &Street Light crew with islandwide maintenance and installation. The purchase price is approximately$300,000.00 The estimated lease cost is approximately$5,000.00 per month or$60,000.00 annually. The County will own the Crane Truck at the end of the five (5)year lease period. This lease is funded in the FY2020-21 Highway Fund budget and proposed FY2021-22 budget • SIGNED: / DATE: MAR 3 Z 2021 Department Head