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HomeMy WebLinkAboutREP FC 066 2025-06-03 2024-2026REPORT OF THE COMMITTEE ON FINANCE DATE: June 3, 2025 Re: Comm. No. 324/Res. No. 207-25 PLACE: Council Chambers Hilo, Hawaii 96720 TIME: 11:34 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 207-25, reports as follows: Resolution No. 207-25, transmitted by Finance Director Diane Nakagawa via Communication No. 324, dated May 15, 2025, authorizes the payment of funds of later fiscal years to enter into a multi -year lease agreement for one ten -ton pneumatic roller to be used by the Department of Public Works. This resolution authorizes the Mayor to enter into a five-year lease agreement with an approximate total monthly cost of $3,198.08, to be used for construction, resurfacing, and maintenance projects. Public Works Business Manager Kelsey Kalua-Lewis mentioned that funding for lease agreement was in their Fiscal Year 2024-2025 budget. There was no discussion on the item. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 207-25, and recommends its adoption. 1kh AYES NOES ABS EX GALIMBA X HUSTACE X INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ X KIMBALL X ONISHI X VILLEGAS X Respectfully submitted, COMMITTEE ON FINANCE MATT NEA `I-KLEINFELDER, CHAIR FC REPORT NO.: 66 ADOPTED: JUN 1 8 2025