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HomeMy WebLinkAboutREP FC 039 02/06/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: February 6, 2007 Re: Comm. No. 128/Reso. No. 52-07 PLACE: Sheraton Keauhou Bay Resort & Spa 78-128 `Ehukai Street Kailua-Kona, Hawaii TIME: 2:15 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 52-07, reports as follows: Resolution No. 52-07, transmitted by Director of Finance William Takaba, via Communication No. 128, dated January 23, 2007, authorizes the payment of funds for more than one fiscal yeaz for the lease of one (1) D6 Bulldozer for the Department of Environmental Management Solid Waste Division. This D6 bulldozer is needed for the sliver fill operations at the South Hilo Sanitary Landfill. The Department of Public Works Administration Office wishes to enter into afive-yeaz lease contract with purchase options for one (1) D6 bulldozer. The funding for this lease is included within the current fiscal year's budget. Pursuant to Section 10-11, Hawaii County Chazter, any contract, lease or other obligation requiring payment of funds from the appropriations of a later fiscal yeaz must be approved by a resolution. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 52-07 and recommends its adoption. la AYES NOES A&E EX Respectfully submitted, FORD X HIGA x COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X PILAGO x DOMINIC YAG 1 G, R YAGONG X FC RT O. 39 YOSHIMOTO X ADOP ED: 1001