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HomeMy WebLinkAboutREP FC 174 08/17/2010 2008-2010 REPORT OF THE COMMITTEE ON FINANCE DATE: August 17, 2010 Re: Comm. No. 907 /Res. No. 378 -10 PLACE: Sheraton Keauhou Bay Resort and Spa 78 -128 `Ehukai Street Kailua -Kona, Hawai`i TIME: 9:00 a.m. Council Chair and Members Hawai`i County Council • Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 378 -10, reports as follows: Resolution No. 378 -10, transmitted by Director of Finance Nancy Crawford, via Communication No. 907, dated July 30, 2010, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi -year leases for a copy machine for the Department of Public Works. The current copier at the Department of Public Works Administration Office is eight (8) years old and replacement parts are difficult to locate as the copier has become obsolete. Upon evaluation, it has been determined that a lease is more cost efficient (less maintenance and overage fees) with an anticipated cost of $7,600. 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. 378 -10, and recommends its adoption. de AYES NOES A &E EX Respectfully submitted, ENRIQUES X FORD X COMMITTEE ON FINANCE GREENWELL X HOFFMANN X IKEDA X • NAEOLE - BEASON X ONISHI X DENNIS "FRESH" ONISHI, CHAIR YAGONG X FC REPORT NO. c 174 YOSHIMOTO X ADOPTED:SEP 0 9 7010