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HomeMy WebLinkAboutREP FC 291 05/06/2008 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: May 6, 2008 Re: Comm. No. 1195/Resolution No. 630-08 PLACE: Sheraton Keauhou Bay Resort & Spa 78-128 `Ehukai Street Kailua-Kona, Hawaii TIME: 9:33 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 630-08, reports as follows: Resolution No. 630-08, transmitted by Director of Finance William Takaba, via Communication No. 1195, dated April 18, 2008, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year contract for the operation of the West Hawaii Compost & Biodiesel Facility. The County is in the construction phase for the Materials Recovery Facility infrastructure for West Hawaii at the Pu`uanahulu Landfill. The Compost & Biodiesel operation will divert organic materials from the County transfer stations and landfills and provide valuable products such as compost and mulch for local consumers and make available to the County an alternative fuel in the form of biodiesel. The County finds in its best interest to contract for private services of a contractor to operate the West Hawaii Compost and Biodiesel Facility with a ten-year agreement, with one (1) 12-month option to extend contracted services. 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 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. 630-08, and recommends its adoption. la AYES NOES A&E EX Respectfully submitted, FORD X HIGA X C MITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X DOMINIC YA G, PILAGO X FC P R 291 YOSHIMOTO X ADOPTED: JUN 0 3 2008