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HomeMy WebLinkAboutREP FC 152 2026-05-19 2024-2026DATE: May 19, 2026 PLACE: Council Chambers Hilo, Hawaii TIME: 1:01 P.M. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 REPORT OF THE COMMITTEE ON FINANCE Re: Comm. No. 892/Res. No. 569-26 Your Committee on Finance, to which was referred Resolution No. 569-26, reports as follows: Resolution No. 569-26, transmitted by Public Works Director Wesley Segawa via Communication No. 892, dated April 29, 2026, authorizes the payment of funds from later fiscal years to enter into a multi -year lease agreement for warehouse space used by the Department of Public Works. This resolution authorizes the Mayor to enter into a three-year lease agreement with Geo Investment Company, Inc., for warehouse space located at 73-4081 Hulikoa Drive, with an initial security deposit of $4,896, and an estimated monthly cost of approximately $3,240 for the first year and increasing thereafter. Public Works Business Manager Kelsey Kalua-Lewis was present in Chambers. Committee Chair Matt Kaneali`i-Kleinfelder stated that the Mass Transit Agency may be looking for a warehouse in this area as well and suggested combining the two requests and sharing a warehouse between the departments to be a little more fiscally responsible. Ms. Kalua-Lewis stated that they will discuss it. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 569-26, and recommends its adoption. Ikh 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 I ALI`I-KLEINFELDER, CHAIR FC REPORT NO.: 152 ADOPTED: JUN 0 2 2026