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HomeMy WebLinkAboutREP FC 228 01/23/2008 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: January 23, 2008 Re: Comm. No. 925/Resolution No. 486-08 PLACE: Council Chambers TIME: 10:20 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 486-08, reports as follows: Resolution No. 486-08, transmitted by Director of Finance William Takaba, via Communication No. 925, dated January 7, 2008, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for amulti-year lease of office space in Waimea, to enter into a 10-year lease with Waimea Retail, LLC for office space at Pazker Ranch Center for a new satellite Vehicle Registration and Licensing center, and to consolidate the new office and the Waimea Prosecutor's and County Council Offices in a single location. The facility will provide centralized services for the Waimea community as well as the surrounding communities, and will house 15 to 20 County employees. Pursuant to Section 10-I 1, Hawaii 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. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 486-08, and recommends its adoption. la AYES NOES A&E Ex Respectfully submitted, FORD X HIGH x CO ITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X DOMINIC YAGON , PILAGO x FC REP N 228 YAGONG X YOSHIMOTO X ADOPTED: FEB 0 6 2ooa