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HomeMy WebLinkAboutREP FC 010 2017/04/04 (2016-2018) REPORT OF THE COMMITTEE ON FINANCE DATE: April 4, 2017 Re: Comm. No. 183/Res. No. 130-17 PLACE: Council Chambers Hilo, Hawai`i TIME: 11:14 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 130-17, reports as follows: Resolution No. 130-17, transmitted by Finance Director Collins Tomei, via Communication No. 183 dated March 16, 2017, 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 resolution authorizes the Mayor to enter into a two-year lease agreement with Maui Varieties Investments, Inc.,'at a monthly cost of$1,796.24. The Hawai`i Fire Department utilizes the premises located at 95-1163 Ka`alaiki Road for its Na`alehu Emergency Medical Services (EMS) Station. The agreement includes a two-year renewal option. There was no discussion on this measure. Pursuant to Section 10-11 of the Hawaii County Charter, the Mayor of the County of Hawai`i is authorized to execute, on behalf of the County, a two (2) year lease agreement for the Na`alehu EMS Station located at 95-1163 Ka`alaiki Road,Na`alehu, Hawaii. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 130-17, and recommends its adoption. dm AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANUHA X LEE LOY X -, ` O'HARA X -_ / POINDEXTER x MAILE D D, C'AIR RICHARDS X FC REPORT NO.: 10 RUGGLES X ADOPTED: APR 1 9 2017