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HomeMy WebLinkAboutRES 722 Draft 01 2024-2026A RESOLUTION AUTHORIZING THE PAYMENT OF FUNDS OF LATER FISCAL YEARS TO ENTER INTO A MULTI-YEAR LEASE AGREEMENT FOR ELEVEN FLATBED TRUCKS WITH HYDRAULIC PUMP UNITS TO BE USED BY THE DEPARTMENT OF ENVIRONMENTAL MANAGEMENT. 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 Environmental Management (hereinafter “the Department”) wishes to enter into a multi-year lease agreement, with a term of five years, for three heavy-duty truck tractors with hydraulic pump units; and WHEREAS, the Department estimates the annual cost of this lease agreement to be approximately $409,000 for all eleven trucks; and WHEREAS, these trucks will be used by the Department’s Solid Waste Division to power the compacting trailers at the various transfer stations island-wide for the purpose of compacting refuse; and WHEREAS, these flatbed trucks with hydraulic pump units will replace aged equipment that have high repair costs; 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; Diane T. Nakagawa, Director of Finance; and Daniel Girvan, Director of Environmental Management. Dated at _____________, Hawai‘i, this ______ day of ___________________, 20___. INTRODUCED BY: _______________________________________ MATTHEW KĀNEALIʻI-KLEINFELDER Council Member BY REQUEST OF THE: Director of Environmental Management