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HomeMy WebLinkAboutREP FC 081 2023/10/03 2022-2024REPORT OF THE COMMITTEE ON FINANCE DATE: October 3, 2023 Re: Comm. No. 480/Res. No. 282-23 PLACE: Council Chambers Hilo, Hawaii TIME: 12:10 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 282-23, reports as follows: Resolution No. 282-23, transmitted by Finance Director Deanna S. Sako, via Communication No. 480 dated September 15, 2023, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year lease for one landfill compactor for the Department of Environmental Management. This resolution authorizes the Mayor to enter into a five-year lease agreement at an approximate monthly cost of $25,000 to replace equipment deemed inoperable due to fire loss. Environmental Management Director Ramzi Mansour provided a brief presentation on this measure. Committee Member Michelle Galimba asked Mr. Mansour if he could explain how the fire started. Mr. Mansour replied that the fire began around 2:00 a.m. The machine was idle, and no one was on site to see what initiated the fire; it was extinguished at 7:30 a.m. that morning. Ms. Galimba asked what the lifespan of this compactor would be, and Mr. Mansour replied that it would be about 25 years. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 282-23, and recommends its adoption. 1kh Respectfully submitted, COMMITTEE ON FINAN - MATT KANE I`I-KLEINFELDER, CHAIR FC REPORT NO.: 81 ADOPTED: OCT 1 8 2_04 - AYES NOES ABS EX EVANS X GALIMBA X INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ X KIMBALL X LEE LOY X VILLEGAS X Respectfully submitted, COMMITTEE ON FINAN - MATT KANE I`I-KLEINFELDER, CHAIR FC REPORT NO.: 81 ADOPTED: OCT 1 8 2_04 -