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HomeMy WebLinkAboutCOM 0324.000 2024-2026 J,etY OF N, C.Kimo Alameda,Ph.D. " \I=eQ Diane Nakagawa �•t;. / Mayor ''���•j.;�..��:+; Director William V.Brilhante Jr. ;ov* .% Malia A.Kekai rE wt+'� Managing Director • Deputy Director County of Hawaii V Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 Zez D (808)961-8234 • Fax(808)961-8569 --C -S Lit May 15, 2025 -TT Dr. Holeka Goro Inaba, Council Chair and Members of the Hawai`i County Council Hawai`i County Council 25 Aupuni Street Hilo,Hawai`i 96720 Re: Resolution for multi-year lease Enclosed is a resolution authorizing the payment of funds for more than one fiscal year, for one 10-ton pneumatic roller for the Department of Public Works. The monthly cost will be approximately$3,198.08. 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. Diane Naka wa Director of Finance Enc. - c: DPW Z-ReS. 201.25 Comm. 1Vo.32 Ref. To: Hawaii County is an Equal Opportunity Employer and Provideref. Dale f,"q 2 1 2025 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) 10-ton pneumatic roller for the District of Kona. 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 10-ton pneumatic roller will be used islandwide to assist DPW Highways personnel with construction, resurfacing, and maintenance projects. Currently, DPW Highways has two(2) 10-ton pneumatice rollers and with the many projects islandwide an additional 10-ton pneumatic roller will increase productivity and operations. This lease is for a period of no more than five(5) years. The purchase price is$191,884.74. The estimated lease cost is approximately$3,198.08 per month or$38,376.96 annually. The County will own the 10-ton pneumatic roller 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: Vr DATE: NAY 0 9 2025 .e Department Head