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HomeMy WebLinkAboutRES 162 Draft 01 1994-1996COUNTY OF HAWAII ~ STATE OF HAWAII RESOLUTION N0. 1~$. ~ WHEREAS, Section 10-11 of the County Charter requires that any contract, lease, or other obligation requiring payment of funds from the appropriations of a later fiscal year or more than one fiscal year be approved by resolution; and WHEREAS, it is essential for the County of Hawaii to have a minimum of forty (40) dependable refuse trailers operating seven (7) days per week islandwide for solid waste operations; and WHEREAS, the County has one (1) 1973, one (1) 1977, three (3) 1982, one (1) 1983, one (1) 1985, and one (1) 1989 refuse trailers which need to be taken out of regular service due to maintenance costs which exceed their valuation; and WHEREAS, there is no available rental replacements for refuse trailers; and WHEREAS, the County Council, at its September 19, 1990 meeting, approved the Chief Engineer's program of replacing eight (8) refuse trailers a year on a five (5) year cycle; and WHEREAS, the County wishes to enter into a five (5) year contract to lease with purchase options for eight (8) refuse trailers for solid waste operations; and WHEREAS, the eight (8) new refuse trailers, included in the 1994-95 fiscal year budget, will be the fourth year of a five (5) year replacement cycle for the entire refuse trailer fleet; and WHEREAS, the low bid for lease/purchase financing of Bid Proposal No. 1568 for eight (8) refuse trailers, budgeted in the 1994-95 fiscal year, was GE Capital Public Finance, Inc. NOW, THEREFORE, BE ZT RESOLVED THAT THE COUNCIL OF THE COUNTY OF HAWAII hereby authorizes the Mayor to negotiate a five (5) year lease agreement with purchase options for the acquisition of eight (8) refuse trailers for solid waste operations islandwide. BE IT FURTHER RESOLVED that upon completion of the negotiation of the lease agreement, the Department of Public Works shall attach said lease agreement with the resolution and submit to the Council for approval. BE IT FURTHER RESOLVED that the Clerk transmit copies of this resolution to the Mayor's Office and the departments of Finance and Public Works. DATED: Hilo, Hawaii, October 18, 1995 INTRODUCED BY: ~~~"~'"- COUN L MEMBER, COUNTY OF HAWAII COUNTY COUNCIL County of Hawaii Hilo. Hawaii I hereby certify that the foregoing RESOLUTION wea by the vote indicated to the right hereof adopted by the COUNCIL of the County of Hawaii on October 18, 1995 , ~/~~- ROLL C1~ Aygg LL VOTE I NOES A8S 8X I ARAICARI X HONK-AHRAMSON X CSILDS D8 I,IDlA X DODIINGO X OSORZO X BATH X RAY X SMITE 0 COUNTY CLERK CFL4IRbtt1N & PRESIDING OFFICER Referencc C-6L9/FC-141 RESOLUTION NO. 162, 95