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REPORT OF THE <br /> CO1VI1l~IITTEE ON FINANCE <br /> DATE: August 1, 2001 Re: Comm. No.276/Res. No. 103-O1 <br /> PLACE: Council Chambers <br /> TIME: 3:05 P.M. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 103-01, reports as follows: <br /> Resolution No. 103-01, transmitted by Director of Finance William Takaba, via Communication <br /> No. 276, dated July 20, 2001, authorizes the payment of funds of a later fiscal year and of more <br /> than one fiscal year for amulti-year lease for a copy machine. <br /> The Department of Parks and Recreation's Administration Office wishes to enter into afive-year <br /> lease contract for a copy machine. Funds would be budgeted in future fiscal years to cover the <br /> anticipated costs. <br /> Pursuant to Section 10-11, Hawaii County Charter, any contract, lease or other obligation <br /> <br /> requiring payment of funds from the appropriations of a later fiscal year must be approved by <br /> <br /> resolution. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 103-01 <br /> and recommends its adoption. <br /> smc <br /> AYES NOES A&E EX <br /> Respectfully submitted <br /> CNUNG X <br /> PlslccHlo x COMMITTEE ON FINANCE <br /> ARAKAKI X <br /> ELARIONOFF X <br /> JACOBSON X <br /> LEITHEAD-TODD X <br /> SAFARIK x AARON S.Y. CHLING, CHAIR <br /> TYLER X FC REPORT NO. 93 <br /> YAGONG X ADOPTED: hl ?r'` i ~ ~nm <br /> _ . <br /> <br />