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HomeMy WebLinkAboutREP FC 138 2024/02/06 2022-2024 REPORT OF THE COMMITTEE ON FINANCE DATE: February 6, 2024 Re: Comm. No. 702/Res. No. 420-24 PLACE: Council Chambers Hilo, Hawai`i TIME: 2:01 p.m. Council Chair and Members Hawaii County Council Hilo, Hawai`i 96720 Your Committee on Finance,to which was referred Resolution No. 420-24, reports as follows: Resolution No. 420-24,transmitted by Finance Director Diane Nakagawa, via Communication No. 702 dated January 19, 2024, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for multi-year leases for two backhoes,two wheeled loaders, six roll-off trucks, and seven truck tractors for the Department of Environmental Management. This resolution authorizes the Mayor to enter into five-year lease agreements with an approximate monthly cost of$6,800 for the two backhoes, $23,700 for the two wheeled loaders, $32,400 for the six roll-off trucks, and$36,400 for the seven truck tractors, to be used by the Solid Waste Division. Environmental Management Director Ramzi Mansour was available in the Hilo Chambers to answer any questions. The department provided a brief overview. Multiple Committee Members commented in support of this measure. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 420-24, and recommends its adoption. lkh AYES NOES ABS EX Respectfully submitted, EVANS X GALIMBA x COMMITTEE ON FINANCE INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ X MATT KANEALI`I- INFELDER, KIMBALL X CHAIR LEE LOY X FC REPORT NO.: 138 VILLEGAS X ADOPTED: FEB 2 1 2024