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HomeMy WebLinkAboutREP FC 025 02/06/2001 2000-2002 • REPORT OF THE • COMMITTEE ON FINANCE DATE: February 6, 2001 Re: Comm. No.85/Res.No. 32-01 PLACE: Council Chambers TIME: 10:30 A.M. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance,to which was referred Resolution No. 32-01, reports as follows: Resolution No. 32-01, transmitted by Director of Finance William T. Takaba, via Communication No. 85, dated January 25, 2001, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year lease for a copy machine. The Department of Public Works, Engineering Division wishes to enter into a five-year lease contract for a copy machine. Funds would be budgeted in future fiscal years to cover the anticipated. Pursuant to Section 10-11, Hawai`i County Charter, any contract, lease or other obligation requiring payment of funds from the appropriations of a later fiscal year must be approved by resolution. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 32-01 and recommends its adoption. smc AYES NOES A&E EX Respectfully submitted CHUNG X PISICCHIO X COMMITTEE ON FINANCE ARAKAKI X ELARIONOFF X JACOBSON X LEITHEAD-TODD X - SAFARIK x AARON S.Y. CHUNG, C IR TYLER X FC REPORT NO. 25 YAGONG X ADOPTED: FEB 2 2 2001