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HomeMy WebLinkAboutCOM 0852.000 2002-2004 Harry Kim ?v OF Mayor William Takaba Director ' Nancy E. Crawford DePuh' Director >Poi'Mir County of Hawaii Finance Department 25 Aupum Suect, Room 118 . Kilo, Hawaii 96720 (808) 961-8234 . Fax (808) 961-8248 November 9, 2004 - Honorable James Arakaki, Chairperson and Members of the County Council Hawai'i County Council 25 Aupuni Street Hilo, Hawai'i 96720 :.n 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 two (2) refuse trailers for the Department of Environmental Management Solid Waste Division. The additional trailers are needed to manage the increased quantities of solid waste and to support the proposed South Kona/Ka'u transfer Station. 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. Funding for the lease is budgeted in FY2004-05. If there are any questions, please do not hesitate to call the Department of Environmental Management. William Tak ba Director of Finance APPROVED: Gvt UI Harry Kim N Mayor Enc. cc: Environmental Management Comm. No. SZ d71-o f Ref. To: Fir~ Hawaii County is an Equal Opportunity Provider and Employer Ref. Sat. Form B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Environmental Management Solid Waste DATE: 11/8/04 STAFF CONTACT: Lono Tyson PHONE: 961-8515 A. REQUEST: Resolution for the financing leasing of two (2) 75 Cubic Yard Refuse Trailers for a period of five years. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The Solid Waste Division needs two (2) additional refuse trailers to manage the increased quantities of solid waste and to support the proposed South Kona/Kau transfer station. 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 2004-2005. SIGNED: ~ - DATE: Department Head