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HomeMy WebLinkAboutCOM 0578.000 2022-2024Mitchell D. Roth lhn- October 26, 2023 County of Hawaii Finance Department 25 Aupuni Street, Slim 2103 . Hilo-H.,n 96720 [808,961-9213 . F.,(808)951-8569 Heather Kimball. Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo. Hawaii 96720 Re: Resolution for multi-year lease Deanna S. Sako L,.... ,, Diane Nakagawa D,rary'unenor Enclosed is a resolution authorizing the payment of funds for more than one fiscal year, for a new multi-year lease agreement for one 5 gang rotary mower. This equipment is to be used by the Department of Parks and Recreation's Municipal Golf Course in Hilo. The monthly cost will be approximately $1,900. If there are any questions, please do not hesitate to call Troy Tamiya of the Department of Parks and Recreation at 959-7711. (y1' Vk'— Deanna S.Sako Director of Finance Enc. c: P&R Comm. No V" Ref. To: Hawaii County is an Equal Opportunity Employer and Provider Ref. Vete OCT Form #: B-52 7118191 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Parks and Recreation/Golf Course DATE: 10/11/23 STAFF CONTACT: Troy Tamiya PHONE: 959-7711 A. REQUEST. Resolution authorizing the Mayor to enter into a multi-year lease agreement for a period of five (5) years for a 5 Gang Rotary Mower for the Department of Parks and Recreation Hilo Municipal Golf Course. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED) The 5 Gang Rotary Mower willused to maim inn the fairways at the Hilo Municipal Golf Course. The department currently has two (pe mowers thatlu ufilized 7 days a week. This high usage results in the mowers needing constant repairs with increasing costs. The 5 Gang Rotary Mower will be leased for a period of five (5) years. The purchase price is estimated at $108,000.00. The estimated monthly cost for the lease is $1,900.00. Funding for the lease is included in the FY2023-24 Budget. This equipment will be leased financed such that the County will own the equipment at then end of the five (5) year lease. SIGNED: c�4 o DATE: 61 partment Head '