HomeMy WebLinkAboutRES 225 Draft 01 2010-2012 .............
COUNTY OF HAWAII / • STATE OF HAWAII•
RESOLUTION NO. 225 12
RESOLUTION AUTHORIZING THE PAYMENT OF FUNDS OF A LATER
FISCAL YEAR AND OF MORE THAN ONE FISCAL YEAR FOR A
MULTI-YEAR LEASE OF REAL PROPERTY
WHEREAS, Section 10-11 of the County Charter requires that any contract, lease
or other obligation requiring payment of funds from the appropriations of a later fiscal
year or of more than one fiscal year be approved by resolution; and
WHEREAS, the departments of Environmental Management and Information
Technology are currently located in leased space at Puainako Center; and
WHEREAS, the County of Hawaii Department of Water Supply has approximately
8,880 square feet of office space available at 345 Kekuanao'a Street Hilo Hawaii; and
WHEREAS, the Department of Water Supply would advance renovation costs of
up to $500,000, which would be paid back by the County over five years or less, during
which time rent would not be charged; and
WHEREAS, after renovation costs have been repaid, rent would be $0.85 per
square foot through the first ten year period and would thereafter be negotiated for
additional years, based on a ten year optional extension; and
WHEREAS, common area maintenance fees (CAM) are originally estimated to be
$0.99 and will be adjusted to actual costs annually; and
WHEREAS, relocation of the Environmental Management and the Information
Technology departments would result in significant savings from the current lease rental
expense; now, therefore
BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII:
1. That the Mayor is hereby authorized to enter into a ten (10) year lease
agreement with one ten (10) year option to extend the lease, for the office
space located at the Department of Water Supply, 345 Kekuanao'a Street,
Hilo, Hawaii.
2. That sufficient funds be budgeted in future fiscal years to cover the
anticipated obligations of the County under the terms of the agreement.
BE IT FINALLY RESOLVED that the County Clerk of the County of Hawaii
shall transmit copies of this resolution to the Office of the Mayor, and the Finance
Department.
Dated at
Kona , Hawai`i, this 21st day of March , 2012.
INTRODUCED BY:
COUNCIL MEMBER, COUNTY OF HAWAII
COUNTY COUNCIL
County of Hawai` i
Hilo, Hawai`i
I hereby certify that the foregoing RESOLUTION was by
the vote indicated to the right hereof adopted by the COUNCIL of the
County of Hawaii on March 21, 2012
ATTEST:
1
itite COUNTY CLERK
CHAIRPERSON & PRESIDIN I OFFICER RESOLUTION NO. 225 12
ROLL CALL VOTE
Reference: C- 596/FC -202
AYES
NOES
ABS
EX
BLAS
X
FORD
X
HOFFMANN
X
IKEDA
X
ONISHI
X
PILAGO
X
SMART
X
YAGONG
X
YOSHIMOTO
X
7
0
2
0
Reference: C- 596/FC -202