HomeMy WebLinkAboutCOM 0621.000 2000-2002 ~4Vf06 h,6Y
Harry Kim William Takaba
Mayor Director
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Nancy E. Crawford
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:°p~~ Deputy Director
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County of Hawaii
Finance Department
25 Aupuni Street, Room 118 • Hilo, Hawaii 96720
(808)961-8234 • Fax (808)961-8248
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May 1, 2002 ~ ;
Honorable James Arakaki, Chairperson and
Members of the County Council
Hawaii County Council
25 Aupuni Street
Hilo, 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 six (6) refuse trailers for the Department of Environmental Management
Solid Waste Division. Several of the current refuse trailers are in excess of 11 years of
age, require major replacement parts and maintenance, and have reached the end of
their useful life.
`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.
William Takaba
Director of Finance
APPROVED:
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Harry Kim
Mayor
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cc: Environmental Management
~ /~Sm )file Into,
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Form B-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Environmental Management, Solid Waste Division DATE: April 26, 2002
STAFF CONTACT: Laurence Ca~ellas PHONE: 961-8339
A. RF_QUEST:
Resolution for the financing leasing of six (6) 75 cubic yard Refuse Trailers for a
period of five years.
B. BACKGROUND AND JUSTIFICATION (USE A DITIONAL SHEETS AS NEEDIEp~.;
Replacement equipment is needed for:
One (1) 1989 Pak Mor Refuse Trailer, and five (5) 1991 Brothers
Refuse Trailers, all trailers in excess of 11 years of age, require major
replacement parts and maintenance, and all trailers have reached the
end of their useful life.
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: ~ ®I~
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