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HomeMy WebLinkAboutREP FC 180 11/08/2005 2004-2006 1110 REPORT OF THE COMMITTEE ON FINANCE DATE: November 8, 2005 RE: Comm. No. 508/Res. No. 199-05 PLACE: Council Chambers TI ME: 1 1:2 1 a.m. Council Chair and Members I-Iawai`i County Council I-lilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 199-05, reports as follows: •Resolution No. 199-05, transmitted by Director of Finance William Takaba, via Communication No. 508. dated October 21, 2005, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year lease for a copy machine. The Department of Finance Purchasing Division wishes to enter into a-five-year lease agreement for a copy machine. Funds would be budgeted in future fiscal years to cover the anticipated costs. 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 or of more than one 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. 199-05 and recommends its adoption. ro AYES NOES A&E EX Respectfully submitted, ARAKAKI X RIGA x COMMITTEE ON FINANCE HOFFMANN X HOLSCHUH X , •Q �,� I K E D A X 1)4 " ISBELL x VIRJINIA ISBELL, CHAIR JACOBSON x FC REPORT NO. 180 PILAGo X NOV 2 2 2005 SAFARIK x ADOPTED: