HomeMy WebLinkAboutREP FC 174 2024/07/09 (2022-2024) REPORT OF THE
COMMITTEE ON FINANCE
DATE: July 9, 2024 Re: Comm. No. 924/Res. No. 552-24
PLACE: Council Chambers
Hilo, Hawai`i
TIME: 1:00 p.m.
Council Chair and Members
Hawai`i County Council
Hilo, Hawai`i 967
Your Committee on Finance, to which was referred Resolution No. 552-24, reports as follows:
Resolution No. 552-24, transmitted by Finance Director Diane Nakagawa, via Communication
No. 924, dated June 20, 2024, authorizes the payment of funds of a later fiscal year and of more than
one fiscal year for a multi-year lease of real property for the County of Hawai`i Office of Housing and
Community Development.
This resolution authorizes the Mayor to enter into a five-year lease agreement with Kaneshiro & Sons
Enterprise, Limited and Glenn Kaneshiro Partnership, with an approximate monthly cost of$1,827, for
office space located at 1990 Kino`ole Street.
Property Manager Hamana Ventura, Finance Director Diane Nakagawa, and Office of Housing and
Community Development Administrator Susan Kunz were available in chambers for questions.
Committee Member Susan Lee Loy asked if the Finance Department was on track with all of our new
leases for this fiscal year. Ms. Nakagawa stated that they were.
Committee Member Holeka Goro Inaba asked who currently occupies these offices. Ms. Kunz stated
that six of her staff members are currently working out of this space.
Committee Member Cindy Evans and Committee Chair Matt Kaneali`i-Kleinfelder both asked questions
about the specs of this property and what the dollar-to-square footage amount would be.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 552-24, and
recommends its adoption.
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AYES NOES ABS EX Respectfully submitted,
EVANS X
GALIMBA x COMMITT E ON FINANCE
INABA X `_
KAGIWADA X 4d&
KANEALI`I-KLEINFELDER X
KIERKIEWICZ x MAT : EALI I-KLEINFELDER,
KIMBALL X CHAIR
LEE LOY X FC REPORT NO.: 174
VILLEGAS X ADOPTED: JUL 2 4 2024