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HomeMy WebLinkAboutREP FC 124 08/02/2005 2004-2006 REPORT OF THE COMMITTEE ON FINANCE DATE: August 2, 2005 Ke: Comm. No. 368/Res. No. 137-OS PLACE: Council Chambers TIME: 9:01 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 137-05, reports as follows: Resolution No. 137-05, transmitted by Director of Finance William Takaba, via Communication No. 368, dated July 19, 2005, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for amulti-year lease for a copy machine. The Office of Aging wishes to enter into afive-year ]ease contract for a copy machine. Funds would be budgeted in future fiscal years to cover the anticipated costs. Pursuant to Section 10-11, Ifawai`i 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. There was no discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 137-OS and recommends its adoption. smc nves rvoes nx~e r:x Respectfully submitted, ARA KAKI X HICA x COMMITTEE ON FINANCE HOFFMANN X HOLSCHUH X 1 - . IKEDA X U ISBELL X - ~ACOBSON x V1RGI IA ISBELL, CHAIR PILACO X FC REPORT NO. 124 sAFARIK X ADOPTED: AUG ~I 7 9(nS