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REPORT OF THE <br />COMMITTEE ON FINANCE <br />DATE: March 16, 2016 Re: Comm. No. 729/Res. No. 432-16 <br />PLACE: Council Chambers <br />Kona, Hawaii <br />TIME: 10.45 a.m. <br />Council Chair and Members <br />Hawaii County Council <br />Hilo, Hawaii 96720 <br />Your Committee on Finance, to which was referred Resolution No. 432-16, reports as follows: <br />Resolution No. 432-16, transmitted by Finance Director Deanna S. Sako, via Comm. No. 729 <br />dated February 26, 2016, authorizes the payment of funds of a later fiscal year and of more than one <br />fiscal year for a multi-year extension of lease of real property for the Office of the Prosecuting Attorney <br />in Kona. <br />This resolution would provide a fourth extension of the lease to be authorized for a two-year period. <br />The first year's rent would be $12,295.92 per month and the second year's rent would be $12,69002 <br />per month. <br />Council Member Dermis "Fresh" Onishi inquired as to why a longer term lease was not requested in <br />that it would have cost less per month. He later also inquired as to whether funding was already <br />provided for the new office. <br />Prosecuting Attorney Mitch Roth stated that he anticipates that the new building for the Office of the <br />Prosecuting Attorney will be built by the time this new two year lease is finished. <br />Finance Director Deanna Sako stated that funding was provided for the design of the new office, and <br />they will be coming back to council when construction costs are known for an additional bond. <br />The vote was taken on the motion to approve and passed with nine ayes. <br />Pursuant to Section 46-7, Hawaii Revised Statutes, County departments must obtain the consent of <br />the Council to enter into agreements with the Federal or State governments or any other public body <br />or bodies respecting action to be taken pursuant to any powers granted by law to furnish, expend, <br />and receive any funds or other assistance in connection with projects being or to be undertaken <br />pursuant to those powers. <br />FC Report No.: 58 <br />