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HomeMy WebLinkAboutREP FC 108 08/28/2001 2000-2002 REPORT OF TIIE COMMITTEE ON FINANCE DATE: August 28, 2001 Re: Comm. No. 311 /Res. No. 112-01 PLACE: Council Chambers TIME: 10:05 A.M. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 112-01, reports as follows: Resolution No. 112-01, transmitted by County Clerk Al Konishi, via Communication No. 311, dated August 8, 2001, authorizes the payment of funds of a later fiscal year or of more than one fiscal year for amulti-year lease of Real Property. The County Clerk, Elections Division wishes to extend its sublease agreement at a Makaala Street building from Men's Shop, Inc., in Hilo, Hawaii. Funds will be budgeted in future fiscal years to cover the anticipated cost. 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. Some members of Your Committee expressed concerns regarding it being a multi sublease. For informational purposes, Mr. Tyler voted kanalua twice. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 112-01 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, CHAIR TYLER X FC REPORT NO. 108 YAGONG X ADOPTED: ~ ~