HomeMy WebLinkAboutCOM 0622.000 2000-2002 a~vos M~4
• l~larry Kim c.~' ~:qe William Takaba
Mayor ° t Director
` Nancy E. Crawford
of•.; ~p°° DetruryDirector
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County of ~3awaii
Finance Departca>tent ~
25 Aupuni Street, Room I ] 8 • Hilo, Hawaii 96720 ~ '
(808)961-8234 • Fax (808)961-8248
tom.?
May 1, 2002
-
Honorable James Arakaki, Chairperson and -
Members of the County Council
Hawaii County Council
25 ~upuni Street
Kilo, Hawaii 96720
re: resolution for multi-year lease
inclosed is a resolution authorizing the payment of funds for more than one fiscal year
for the lease of one (1) compactor for the Department of environmental Management
Solid Waste ®ivision. The current compactor at the West Hawaii landfill is 9 years old
and will require major repairs which will cost more than the original purchase price of
this equipment. ,
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 ®epartment of
environmental Management.
William Takaba
Director of I°inance
~?PP OVE®:
~~i?" ~
Harry Kim
Mayor
inc.
Omar~m. N~ ~ >
cc: environmental Management ale i~o.
. ~.1/-~~ Ref. ~o;
def. ®ate
~A~
Form 8-52
7/18/91
~p~RTM~NT OF FINANCE
gFQl1~ST FAR GOUNCII. A. TION
DEPARTMENT: Environmental Management, Solid Waste Division DATE: Aril 23, 2002
STAFF CONTACT: Laurence Capellas PHONE: 961-8339
A. R~C]UEST:
Resolution for the financing leasing of one (1) Compactor for a period of five
years for the West Hawaii landfill.
B, ~A~KSR®UND A[~!D
~~l~TB~I~ATB N_( ~,JSE ADDITIONe4L SHEETS.p~~. NE~D~DI:
Replacement equipment Bs needed for:
One (1) 1993 Model 826C Catepillar Compactor, 731 E, nine (9) years
o!d with over 17,000 hours of operations, which will require major
repairs where repair cost will exceed- the original purchase price of
this used 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: ~
Depart ent Head