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HomeMy WebLinkAboutREP FC 093 08/15/2001 2000-2002 REPORT OF THE CO1VI1l~IITTEE ON FINANCE DATE: August 1, 2001 Re: Comm. No.276/Res. No. 103-O1 PLACE: Council Chambers TIME: 3:05 P.M. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 103-01, reports as follows: Resolution No. 103-01, transmitted by Director of Finance William Takaba, via Communication No. 276, dated July 20, 2001, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for amulti-year lease for a copy machine. The Department of Parks and Recreation's Administration Office wishes to enter into afive-year lease contract for a copy machine. Funds would be budgeted in future fiscal years to cover the anticipated costs. Pursuant to Section 10-11, Hawaii 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. 103-01 and recommends its adoption. smc AYES NOES A&E EX Respectfully submitted CNUNG X PlslccHlo x COMMITTEE ON FINANCE ARAKAKI X ELARIONOFF X JACOBSON X LEITHEAD-TODD X SAFARIK x AARON S.Y. CHLING, CHAIR TYLER X FC REPORT NO. 93 YAGONG X ADOPTED: hl ?r'` i ~ ~nm _ .