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HomeMy WebLinkAboutREP FC 237 12/03/1986 1984-1988 Iiii E REPORT OF THL 110 COMMITTEE ON FINANCE Date : November 24, 1986 Re: Comm. 811 I Place: Councilroom Time: 10: 30 a.m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution 227-86, reports as follows : The purpose of Resolution 227-86 is to approve the lease of Stall #D at the Kealakekua Ranch Shopping Center in Captain Cook, Kona, for the Family Support Division of the Corporation Counsel ' s Office. The leasing of the space will enable the Family Support Division, a State-subsidized program, to better serve Hawaii County citizens . In committee discussion, the Corporation Counsel explained that the proposed rental space encompasses an area of 850 square feet and that the lease was negotiated as follows : 1st year $1 . 35 per square foot • 2nd & 3rd years $1 .09 per square foot 4th & 5th years $ .65 per square foot Pursuant to Section 10-11, Hawaii County Charter , any contract , lease or obligation requiring payment in future fiscal years or more than one fiscal year shall be approved by resolution . Your Committee on Finance concurs with the intent of Resolution 227-86 and recommends its a ption. • 1. FRANK DE LUZ III, CHAIRMAN (a-4k 1,416 IfIhAA ORRA E R, J CHAKU-INOU°YE, V EAL. K. DAHLBERG, EMBER 1;, t&fe--de-e-dec: ,.t, jo, ijoisj. P / 4# TAKASHI DOMINGO, M! BER ' SSELL S. KOKUB I , MEMBER /3f / ' /VtiLl--P< - / -00 r MERLEK. LAI, MEMBE SPENCER K. SCHUTTE, MEMBER LAIMS FC REPORT No . 237 ADOPTED : DEC 3 1986 1