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HomeMy WebLinkAboutRES 385 Draft 01 2024-2026A RESOLUTION AUTHORIZING THE PAYMENT OF FUNDS OF LATER FISCAL YEARS TO ENTER INTO A MULTI-YEAR LEASE AGREEMENT FOR ONE MULTIFUNCTION COPY MACHINE TO BE USED BY THE DEPARTMENT OF FINANCE. WHEREAS, Section 10-11 of the Charter of the County of Hawai‘i (hereinafter “the Charter”) provides, in part, that “any contract, lease or other obligation requiring the payment of funds from the appropriations of a later fiscal year or of more than one fiscal year shall be made or approved by resolution”; and WHEREAS, the Department of Finance (hereinafter “the Department”) wishes to enter into a multi-year lease agreement, with a term of five years, for one multifunction copy machine; and WHEREAS, the Department estimates the monthly cost of this lease agreement to be $320; and WHEREAS, this copy machine will be utilized in Hilo by personnel within the Department’s Purchasing, Internal Controls and Transient Accommodations Tax, Property Management, and Risk Management Divisions; and WHEREAS, the lease agreement for the copy machine currently utilized by the Department has expired; now, therefore, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAI‘I that the Mayor is hereby authorized to enter into a multi-year lease agreement with a term of five years for the purposes hereinabove described. BE IT FURTHER RESOLVED that, in accordance with Section 10-11 of the Charter, sufficient funds be budgeted in later fiscal years to cover the anticipated obligations of the County under the terms of the lease agreement. BE IT FINALLY RESOLVED that the County Clerk shall transmit a copy of this resolution to William V. Brilhante, Jr., Managing Director, and Diane T. Nakagawa, Director of Finance. Dated at _____________, Hawai‘i, this ______ day of ___________________, 20___. INTRODUCED BY: _______________________________________ COUNCIL MEMBER, COUNTY OF HAWAI‘I