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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: October 4, 2022 Re: Comm.No.1009/Res.No. 560-22 <br /> PLACE: Council Chambers <br /> Hilo, Hawai`i <br /> TIME: 1:00 p.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. 560-22,reports as follows: <br /> Resolution No. 560-22,transmitted by Finance Director Deanna S. Sako via Communication No. 1009 <br /> dated September 16,2022, authorizes the payment of funds of a later fiscal year and of more than one <br /> fiscal year for multi-year leases for five multi-function copy machines for the Finance Department. <br /> This resolution authorizes the Mayor to enter into five-year lease agreements with an approximate <br /> monthly cost ranging from$72 to $91 for each copier. <br /> There was no discussion on this measure. <br /> Pursuant to Section 10-11,Hawai`i County Charter, any contract, lease or other obligation requiring <br /> payment of funds from the appropriations of a later fiscal year or more than one fiscal year shall be <br /> approved by Council resolution. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 560-22, and <br /> recommends its adoption. <br /> 1k <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID X COMMITTEE ON F INCE <br /> INABA X <br /> KANEALI`I-KLEINFELDER X <br /> KIERKIEWICZ X <br /> KIMBALL x MATT KANE ' INFELDER, CHAIR <br /> LEE LOY X <br /> RICHARDS X F ',1" PORT NO.: 206 <br /> VILLEGAS X ADOPTED: OCT 1 9 2022 <br />