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HomeMy WebLinkAboutREP FC 119 09/11/2001 2000-2002 IZEPOItT OF TIIE COMMITTEE ON FINANCE DATE: September 11, 2001 Re: Comm. No.325/Res. No. 120-01 PLACE: Council Chambers TIME: 10:50 A.M. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 120-01, reports as follows: Resolution No. 120-01, transmitted by Director of Finance William Takaba, via Communication No. 325, dated August 28, 2001, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for amulti-year lease for two postage meters. The Office of the Corporation Counsel, Family Support Division, wishes to enter into afive-year lease contract for two postage meters. 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. 120-01 and recommends its adoption. smc nvES NOES n&E Ex Respectfully submitted CNUNG X Plslccl-Ilo x COMMITTEE ON FINANCE ARAKAKI X ELARIONOFF X JACOI$sON X LEIT&IEAD-TODD X SAFAR[K x AARON S.Y. CHUNG, HAIR TYLER X FC REPORT NO. 119 YAGONG X ADOPTED: SEF~ _ _ _