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HomeMy WebLinkAboutCOM 0289.000 2002-2004 MTr as Harry Kim William Takaba Mnrnr ' Uirec(or : Nancy E. Crawford Depute Dirve(or T~ OI~M~' County of Hawaii 0 Ninance Department ~ w Aupuni Sb'eet, Room 118 • Hilq Hawaii 96720 0 L (808)~1(.I-823A • Fax (R08) 961-R248 ~ ~ T July 16, 2003 3 Honorable James Ara kaki, Chairperson and Members of the County Council ~ co G Hawaii County Council cn 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 eleven (11) refuse trailers for the Department of Environmental Management Solid Waste Division. Several of the current refuse trailers are in excess of 12 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. ~C,G"__r Williarri Takaba Director of Finance APPROVED: /1~' ~~l1lX/ a r Harry Kim Mayor Enc. cc: Environmental Management g Comm. No. ~ Rc~s ~7-D3 Ref. Toe Ref. Date Form B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Environmental Management, Solid Waste Division DATE: July 8, 2003 STAFF CONTACT: Robert Gonsalves PHONE: 961-8339 A. REQUEST' Resolution for the financing leasing of eleven (11) 75 cubic yard Refuse Trailers for a period of five years. 8. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDEDI' Replacement equipment is needed for: Eleven (11) 1991 Brothers Refuse Trailers, all trailers in excess of 12 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 fnance the purchase over fve years. Funding for the lease is budgeted in FY 2003-2004. SIGNED: ~/~t~y~~~~~i!o'~~`~ DATE: ~ ~ ~ O3 Department Head