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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: April 4, 2023 Re: Comm. No. 163/Res.No. 81-23 <br /> PLACE: Council Chambers <br /> Hilo, Hawai`i <br /> TIME: 10:30 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. 81-23,reports as follows: <br /> Resolution No. 81-23,transmitted by Finance Director Deanna Sako, via Communication No. 163 <br /> dated March 16, 2023, authorizes the payment of funds of a later fiscal year and of more than one <br /> fiscal year for a multi-year lease of real property for the County of Hawai`i Police Department <br /> warehouse in Kea'au, District of Puna. <br /> This resolution authorizes the Mayor to enter into a five-year lease agreement with an option to extend <br /> for two additional five-year terms with Milo Storage LLC, for approximately 7,440 square feet of <br /> warehouse space. <br /> Committee Chair Matt Kaneali`i-Kleinfelder asked Police Sergeant Nelson Acob to provide a brief <br /> overview. <br /> There was no discussion on this measure. <br /> Pursuant to Section 46-7, Hawai`i Revised Statutes, the Mayor of the County of Hawai`i is authorized to <br /> execute, on behalf of the County,this and all future agreements and related documents with Milo <br /> Storage LLC. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 81-23, and <br /> recommends its adoption. <br /> llch <br /> AYES NOES ABS EX Respectfully submitted, <br /> EVANS X <br /> GALIMBA X COMMITTEE ON FINANCE <br /> INABA X 1 <br /> KAGIWADA X <br /> KANEALI`I-KLEINFELDER X <br /> KIERKIEWICZ X MATT KAN k ' 41 EINFELDER, <br /> KIMBALL X CHAIR <br /> LEE LOY X FC REPORT NO.: 34 <br /> VILLEGAS X ADOPTED: APR 1 9 2023 <br />