HomeMy WebLinkAboutCOM 0323.000 2024-2026 C.Kimo Alameda Ph.D. ,.y Diane Nakagawa
.� ` :,, t* Director
Mayor
William V.Brilhante Jr. Malia A.Kekai
Managing Director L • `OE$ Deputy Director
County of Hawaii
Finance Department
25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720
(808)961-8234 • Fax(808)961-8569
May 15, 2025
LI on
Dr. Holeka Goro Inaba, Council Chair and
Members of the Hawai`i County Council -c
Hawaii County Council ''-' ti
25 Aupuni Street
Hilo,Hawai`i 96720 ,'T
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Re: Resolution for multi-year lease
Enclosed is a resolution authorizing the payment of funds for more than one fiscal year, for one
asphalt distributor truck for the Department of Public Works. The monthly cost will be
approximately $4,644.22. The equipment will be used island wide by the Department of Public
Works Highways Division for construction, resurfacing and maintenance projects.
If there are any questions,please do not hesitate to call T'Jaye Forsythe of the Department of
Public Works at 961-8349.
(0A-
Diane Nak awa
Director of Finance -
Enc.
c: DPW
Comm. N Th
Hawaii County is an Equal Opportunity Employer and Provideef. To:
r RAY 2 1 2025
Ref. bate
Form#: B-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Public Works DATE: 5/2/25
STAFF CONTACT: T'Jaye Forsythe PHONE: (808) 961-8349
A. REQUEST:
The Department of Public Works Highways Division is requesting,a resolution authorizing the payment of
funds of a later fiscal year and of more than one fiscal year for a multi-year lease of one (1) asphalt
distributor truck for the District of South Hilo. The lease to purchase would be for a period of no more than
five (5) years.
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
The asphalt distributor truck will be used islandwide to assist DPW Highways personnel with construction,
resurfacing, and maintenance projects. Currently, DPW Highways has one(1) asphalt distributor truck to be
shared with all districts and with the many projects islandwide an additional asphalt distributor truck will
increase productivity and operations throughout the island.
This lease is for a period of no more than five(5) years. The purchase price is $278,652.90. The estimated
lease cost is approximately $4,644.22 per month or$55,730.64 annually. The County will own the asphalt
distributor truck at the end of the five (5) year lease period.
The lease is funded in the FY2024-25 Highway Fund budget and proposed FY2025-26 budget.
SIGNED: I DATE: MAY 0 9 2025
..for Department Head