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HomeMy WebLinkAboutREP FC 029 2015/07/23 (2014-2016) REPORT OF THE COMMITTEE ON FINANCE DATE: July 23, 2015 Re: Comm. No. 365/Res. No. 215-15 PLACE: Council Chambers Kailua-Kona, Hawai`i TIME: 5:35 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 215-15, reports as follows: Resolution No. 215-15, transmitted by Finance Director Deanna S. Sako, via Communication No. 365 dated July 7, 2015, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year agreement with Oceanic Time Warner Cable. This resolution authorizes the Mayor to enter into a five-year agreement at a cost of$1,500 per month to increase the County's interne bandwidth speed from 20 megabytes to 100 megabytes. This upgrade would increase the County's cost by $180 per month. There was no discussion on this measure. Pursuant to Section 10-11, Hawai`i County Charter, any contract, lease or other obligation requiring the payment of funds from the appropriations of a later fiscal year or of more than one fiscal year shall be made or approved by resolution. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 215-15, and recommends its adoption. wb AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X ILAGAN X KANUHA X ONISHI X X6is- PALEKA x KAREN EOFF, CHAIR POINDEXTER X FC REPORT NO.: 29 WILLE x ADOPTED: AUG 0 5 2015