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HomeMy WebLinkAboutCOM 0624.000 2000-2002 J~~Y OE N,~ William Takaba Harry Kim ~ ZJe;,~: Mnyor ' Director ~ , : Nancy E. Crawford •+f•:; DeputyDrrector TE Of•HO'~ County of Hawaii Finance Department 25 Aupuni Street, Room 118 • Hilo, Hawaii 96720 (808)961-8234 • Fax (808)961-8248 t C"' May 1, 2002 Honorable James Arakaki, Chairperson and Members of the County Council Hawaii County Council ~----A 25 Aupuni Street _ Milo, Hawaii 96720 Re: Resolution for multi-year lease Enclosed is a resolution authorizing the payment of funds for more than one fiscal year for the lease of one (1) dozer for the Department of Environmental Management Solid Waste Division. The current two dozers at the South Hilo landfill are 11 years old and incur very high maintenance costs due to their age and daily utilization. The Solid Waste Fund does not have the resources to purchase the referenced equipment and therefore request the authority to enter in a lease agreement for five (5) years. If there are any questions, please do not hesitate to call the Department of Environmental Management. G~~ William Takaba Director of Finance APPROVED: I~~~~ arty K Mayor Enc. Co>:n~n. Flo, cc: Environmental Management ~ - file ie1o. ~ - l~ef. ~'o: Form B-52 7118/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Environmental Management, Solid Waste Division DATE: April 23, 2002 STAFF CONTACT: Laurence Capellas PHONE: 961-8339 A. REQUEST: Resolution for the financing leasing of one (1) Bulldozer for a period of five years for the S. Hilo Landfill. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEFn~p~; Replacement equipment is needed for: Two (2) 1991 D8N Catepillar Bulldozers, 703E and 704E, eleven (11) years old with over 14,100 and 16,000 hours of operations respectively, and very high maintenance costs due to age and daily utilization of equipment. The Solid Waste Fund does not have the resources to purchase the referenced equipment, and therefore requests the authority to enter into a lease program to finance the purchase over five years. Funding for the lease is budgeted in FY 2002-2003. SIGNED: DATE: 2~' Depart ent Head