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HomeMy WebLinkAboutREP FC 221 04/30/2002 2000-2002 REPORT OF TIIE COIVIlVIITTEE ON FINANCE DATE: Apri130, 2002 Re: Comm. No. 592/Res. No. 202-02 PLACE: Council Chambers TIME: 10:07 a.m. Council Chair and Members I-Iawai`i County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 202-02, reports as follows: Resolution No. 202-02, transmitted by Director of Finance William Takaba, via Communication No. 592, dated April 9, 2002, authorizes the Mayor to enter into amulti-year agreement with K. Taniguchi, Ltd. for the Hanama Place Office Building. The County of Hawaii seeks to extend its usage for the County offices at Hanama Place for a period of three (3) years, which will begin on July 1, 2002. Funds are budgeted for 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. Council Member Tyler expressed appreciation to K. Taniguchi, Ltd., the lessor, for an equitable lease agreement. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 202-02 and recommends its adoption. smc Ati'ES NOES A&E EX Respectfully submitted CIIUNG X Plslcclllo x COMMITTEE ON FINANCE ARAKAKI X ELAI210NOFF X JACODSON X C LEITI-IEAD-TODD X SAFAHPIK aC AARON S.Y. CHLING, C AIR FC REPORT NO. 221 YAGONG X ADOPTED: ~~A~ OZ