Loading...
HomeMy WebLinkAboutREP FC 351 11/23/2004 2002-2004REPORT OF THE COMMITTEE ON FINANCE DATE: November 23.2004 PLACE:: Council Chambers 'TIME: 10:35 a.m. Re: Comm. No. 852/Res. No. 271-04 Council Chair and Members Hawaii County Council Hilo. }iawai'i 96720 Your Committee on Finance, to which was referred Resolution No. 271-04, reports as follows: Resolution No. 271-04, transmitted by Director of Finance William Takaba, via Communication No. H52, dated November 9, 2004, authorizes the payment of funds of a later fiscal year and of more than rnie fiscal year for two refuse trailers. The Department of Environmental Management Solid Waste Division wishes to enter into a five-year lease agreement with purchase options for two refuse trailers. Funds would be budgeted in future fiscal years to cover the anticipated costs. l~he additional trailers are needed to manage the increased quantities of solid waste and to support the proposed South Kona/Ka'u transfer station. Pursuant to Section 10-I L Hawaii County Charter, any contract, lease or other obligation requiring payment of funds from Uie appropriations of a later fiscal year or more than one fiscal year he approved by resolution. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 271-04 and recommends its adoption. smc ~crs uor~s +st: .vas CHUNG X SAFA RII{ X ARA KAKI X ELARIONOFF X HOLSCHUH X JACOBSON X REYNOLDS X TULANG X TY'LF,R X Respectfully submitted COMMIT'T'EE ON FINANCL, AARON S.Y. C UNG, CHAIR FC REPORT N _ 35I ADOPTED: ~~ O Q