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HomeMy WebLinkAboutREP FC 050 04/21/2009 2008-2010 REPORT OF THE COMMITTEE ON FINANCE DATE: April 21, 2009 Re: Comm. No. 255/Res. No. 104-09 PLACE: Sheraton Keauhou Bay Resort & Spa 78-128 `Ehukai Street Kailua-Kona, Hawaii TIME: 12:34 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 104-09, reports as follows: Resolution No. 104-09, transmitted by Finance Director Nancy Crawford, via Communication No. 255, dated April 6, 2009, authorizes the Mayor to enter into a multi-year lease extension with Grace Basque for the Kona Elderly Activities Office for a term of four years. The current lease rent of $48,000 wil be continued, which includes common area maintenance (CAM) fees. 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. Councilmember Ford stated that she felt this was a very good lease for the County and thanked Ms. Basque for allowing the lease to be renewed without an increase in rent. She also stated for the record that there is an out clause included in the lease that will allow the County out of the lease should the Elderly Activities Office move to the West Hawaii Civic Center upon its completion. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 104-09, and recommends its adoption. Sao Awes NOES A&E EX Respectfully submitted, ENRIQUES X FORD X COMMITTEE ON FINANCE GREENWELL X HOFFMANN X / IKEDA X NAEOLE X V ONISHI X DOMINIC YAGO CH RSA N YAGONG X FC REP NO. 50 YOSHIMOTO X ADOPTS AY 6 2009