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HomeMy WebLinkAboutREP FC 296 08/31/2004 2002-2004REPORT OF THF, COMMITTEE ON FINANCE DA'I'S: August 31, 2004 Re: Comm. No. 737/Res. No. 229-04 PLACE: Council Chambers TIME: 10:05 a.n). Council Chair and Members Hawaii County Council Hilo, Hawaii 96730 Your Committee on Finance, to which was referred Resolution No. 229-04, reports as follows: Resolution No. 229-04, transmitted by County Clerk Alan S. Konishi, via Communication No. 737. dated August 17. 2004, authorizes the payment of funds of a later fiscal year and of more than one tscal year for amulti-year lease for a copy machine. I~he Oflice of the County Clerk's Reprographics Division wishes to enter into afive-year lease contract for a copy machine. Funds would he budgeted in future fiscal years to cover the anticipated costs. 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. Due to a typographical error found in the NOW, THEREFORE, BE I'F clause of this Resolution, an amendment was made to read as follows: "...enter into a [~ five-year lease..." Your Committee on Finance is in accord with the purpose and intent of Resolution No. 229-04, as amended to Dralt 2, and recommends its adoption. snc CHUNG X SAFA RIK )( ARAKAKI ~( ELARIONOFF X HOLSCHUH X .IACOBSON X REY NOI.DS X TULANC X T~'I,ER X Respectfully submitted ~COrMI EON F/INANC'F. AARON S.Y. CI{l7NG, CH.~[R FC REPORT NO. ~} aDOPTeu: SFP 1