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HomeMy WebLinkAboutREP FC 152 03/16/2010 2008-2010DATE: March 16, 2010 PLACE: Sheraton Keauhou Bay Resort and Spa 78 -128 Ehukai Street Kailua -Kona, Hawai`i TIME: 2:10 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 311 -10, reports as follows: Resolution No. 311 -10, transmitted by Director of Finance Nancy Crawford, via Communication No. 738, dated March 3, 2010, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for multi -year leases for two (2) copy machines. The Office of Housing and Community Development wishes to enter into two five -year lease contracts for copy machines for two of their Hilo locations. The current leases will be expiring soon, and both machines have exceeded their recommended usage and are constantly being repaired. By leasing the two copiers, they anticipate an annual cost savings of $5,000. Pursuant to Section 10 -11, Hawai`i 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 matter. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 311 -10, and recommends its adoption. kk REPORT OF THE COMMITTEE ON FINANCE Re: Comm. No. 738 /Res. 311 -10 Respectfully submitted, COMMITTEE ON FINANCE DENNIS "FRESH" ONISHI, CHAIR FC REPORT NO. 152 ADOPTED: APR 0 7 2010 AYES NOES A &E EX ENRIQUES X FORD X GREENWELL X HOFFMANN X IKEDA X NAEOLE X ONISHI X YAGONG X YOSHIMOTO X DATE: March 16, 2010 PLACE: Sheraton Keauhou Bay Resort and Spa 78 -128 Ehukai Street Kailua -Kona, Hawai`i TIME: 2:10 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 311 -10, reports as follows: Resolution No. 311 -10, transmitted by Director of Finance Nancy Crawford, via Communication No. 738, dated March 3, 2010, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for multi -year leases for two (2) copy machines. The Office of Housing and Community Development wishes to enter into two five -year lease contracts for copy machines for two of their Hilo locations. The current leases will be expiring soon, and both machines have exceeded their recommended usage and are constantly being repaired. By leasing the two copiers, they anticipate an annual cost savings of $5,000. Pursuant to Section 10 -11, Hawai`i 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 matter. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 311 -10, and recommends its adoption. kk REPORT OF THE COMMITTEE ON FINANCE Re: Comm. No. 738 /Res. 311 -10 Respectfully submitted, COMMITTEE ON FINANCE DENNIS "FRESH" ONISHI, CHAIR FC REPORT NO. 152 ADOPTED: APR 0 7 2010