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HomeMy WebLinkAboutCOM 0353.000 2010-2012William P. Kenoi Mayor September 7, 2011 Dominic Yagong, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Nancy ' Crawford Director of Finance Enc. cc: Fire ‹."Res. > County of Hawaii Finance Department 25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720 (808) 961-8234 • Fax (808) 961 -8569 Nancy E. Crawford Director Deanna S. Sako Deputy Director Hawaii County is an Equal Opportunity Provider and Employer Re: Resolution for multi -year lease Enclosed is a resolution authorizing the payment of funds for more than one fiscal year for a new multi -year lease agreement for two (2) fire apparatus for the Hawaii Fire Department. These apparatus are to replace two fire trucks, Engine 3 at Kawailani, and Engine 4 at the Kaumana Fire Station, which are over twenty years old, thereby suffering from increased maintenance costs, down time and unreliability. The anticipated total lease cost for the two trucks is $23,500 per month. If there are any questions, please do not hesitate to call Robert Belcher of the Hawaii Fire Department at 932 -2921. Comm, No. 3 S3 Ref. To: FG Ref. Date.sEp 8 2011 Form #: B -52 7/18/91 DEPARTMENT: Fire STAFF CONTACT: Darren Rosario SIGNED: DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DATE: 8/24/11 PHONE: 932 -2906 A. REQUEST: Please prepare a resolution authorizing the payment of funds - in a later fiscal year and for more than one fiscal year - for a multi -year lease of two (2) fire apparatus (also called fire trucks) for the Fire Department. The lease would specifically be for a five (5) year lease term for critically needed units to replace older fire apparatus. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The apparatus are tentatively set to replace Engine 3 at Kawailani and Engine 4 at Kaumana Fire Station. This is to replace two front -line fire protection apparatus that are over twenty years old and resulting in increasing repair and maintenance costs, as well as prolonged down times and unreliability. Anticipated costs are $1,410,000 with interest over a five year lease term. Estimate lease cost is $23,500 per month or $282,000 annually for both. Depa ment Head DATE: ! i 1,