HomeMy WebLinkAboutREP FC 233 05/14/2002 2000-2002 REPORT OF TIIE
COMMITTEE ON FINANCE
DATE: May 14, 2002 Re: Comm. No. 623/Res. No. 212-02
PLACE: Council Chambers
TIME: 10:07 a.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Resolution No. 212-02, reports as follows:
Resolution No. 212-02, transmitted by Director of Finance William Takaba, via Communication No. 623, dated
May 1, 2002, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for four (4)
truck tractors.
The Department of Environmental Management, Solid Waste Division wishes to enter into afive-year lease
contract for four (4) truck tractors. Several of the current truck tractors are over ten years old, have high mileage,
incur major repairs, and are approaching the end of their useful life.
The Solid Waste Fund does not have the financial resources to purchase the aforementioned equipment and,
therefore, requests the authority to enter into a lease agreement for five years. Funds would be budgeted in future
fiscal years to cover the anticipated costs.
Pursuant to Section 10-1 1, 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.
During its discussion, Your Committee learned that funds are budgeted in the future fiscal year budget.
Larry Capellas, Solid Waste Division Chief, explained that leasing the truck tractors would save the County
money with the maintenance costs and the down time.
Due to an error found in the fifth Whereas clause of Resolution No. 207-02, an amendment was made to change
"refuse trailers" to "truck tractors".
For informational purposes, Mr. Tyler voted kanalua twice.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 212-02, Draft 2, and
recommends its adoption.
smc
APES NOES n&E ex Respectfully submitted
CL-IUNG X
PlstccHto x COMMITTEE ON FINANCE
ARAKAKI X
ELARIONOFF X
JA0003SON X
LEITFIEAD-TODD X
SAFARIK }t AARON S.Y. CHUNG, AIR
TYLER X FC REPORT NO. 233
YAGONG X ADOPTED: SUN 5 ZOO2