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HomeMy WebLinkAboutRES 865 Draft 01 1980-1984a' 0 RESOLUTION NO. 86S 84 WHEREAS, Pacific Resource Incorporated - Gasco (PRI Gasco) is celebrating its 80th anniversary; and WHEREAS, Gasco, a Honolulu firm was incorporated on August 4, 1904 and later purchased the Hilo Gas Company on October 31, 1950, and also gave birth to PRI in 1973, which later became the parent company; and WHEREAS, PRI, a holding company which controls over a half dozen subsidiaries, is considered the fourth largest corporation doing business in Hawaii and is the only Hawaii based firm listed in the Fortune 500 magazine; and WHEREAS, the Hilo Gas Company was formed on January 13, 1917. Its president was P. C. Beamer whose company manufactured butane gas from crude oil at their Kamehameha Avenue plant; and WHEREAS, Gasco established a satellite station in 1957 at Kealakekua, Kona and moved to the Kailua Industrial Park in 1967 with offices located at Kona and Kamuela to give services to the West Hawaii communities. WHEREAS, the 1960 tidal wave which hit Hilo severely damaged fiasco's facilities at Kamehameha Avenue and in 1962 moved to its present location at Kalanianaole Avenue; and WHEREAS, PRI-Gasco now serves the Big Island customers for resi- dential: utility 1,841, non-utility 11,262; commercial: utility 136, non-utility 745, a total of 13,984 accounts; and r.es. rvo. _..... SAS .._._ F1jC ~'0. ....~.w ryi. ~. rti'o... Da.c:.-_.-..-.....-_.-_....-------- -- d~ 0 0 WHEREAS, PRI-Gasco sales and services includes appliance repairs, commercial and residential installations, and in the energy savings area - solar, heat pump, cogenerations systems are sold and installed, also offers recipes and energy conservation tips to the public. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that it extends its congratulations to PRI Gasco during their 80th anniversary celebrations now going on at Kona and Hilo and further extends special recognition to James Gary, Chairman of the Board and Joseph A. Pelletier, President ,for their leadership in creating the fourth largest Hawaii corporation, and having the honor of being named the only Hawaii based corporation in Fortune 500 Magazine. BE IT FURTHER RESOLVED that the Clerk of the County of Hawaii be herby instructed to send a true copy of this resolution to James Gary, Chairman of the Board and to Joseph A. Pelletier, President of PRI. Dated at Hilo, Hawaii, this 21st day of March, 1984. INTRODUCED BY: G~YK.~.o ,~,.-/~~