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HomeMy WebLinkAboutREP FC 118 09/20/2011 2010-2012 REPORT OF THE COMMITTEE ON FINANCE DATE: September 20, 2011 Re: Comm. No. 354/Res. No. 148-11 PLACE: Council Chambers West Hawaii Civic Center Kailua-Kona, Hawai`i TIME: 11:07 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 148-11, reports as follows: Resolution No. 148-11, transmitted by Finance Director Nancy Crawford via Communication No. 354, dated September 7, 2011, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year lease of real property. This proposed resolution will authorize the Department of Public Works to enter into a multi-year lease for an additional two (2) years, and rent set at $600 per month, starting on August 1, 2012 and ending on July 31, 2014. The premises is located at the North side of the West Hawai`i Traffic Facility. This lease property address is 81-6394 Mamalahoa Highway, Kona, Hawaii; Tax Map Key (3)8-1-016:039 (por.) and the use of a forty (40) foot storage container located on the site for the purpose of parking vehicles, and for storage of equipment and supplies. Council Member Hoffmann addressed the concern that according to the resolution, sufficient funds be appropriated in future years to run the facility, however, it seems that the real need is for the five people that would be assigned to the facility. Director of Public Works Warren Lee appeared before Your Committee and provided information that a new Traffic Signs and Marking Crew would be assigned to the facility and these positions have been funded and budgeted for. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 148-11, and recommends its adoption. be AYES NOES A&E EX Respectfully submitted, BLAS X FORD X COMMITTEE ON FINANCE HOFFMANN X IKEDA X ONISHI X PILAGO X SMART X BRENDA FORD, CHAIR YAGONG X FC REPORT NO. 118 YOSHIMOTO X ADOPTED: OCT 0 5 2411