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HomeMy WebLinkAboutREP FC 445 01/11/1988 1984-1988 REPORT OF THE 411 COMMITTEE ON FINANCE Date: January 11, 1988 Re: Comm. 1435 Place: Councilroom Time: 10:00 a.m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 386-88, reports as follows: The purpose of Resolution No. 386-88 is to approve the SELEX Business Network ( (SBN)' Service agreement and to approve the budgeting of sufficient funds in future fiscal years to cover the obligation of the County under this agreement . Your Committee on Finance is aware that the length of the agreement will be for a period of 60 months and will cover our existing stations only. Your committee is also aware that while there will be a net reduction of $34.90 in the monthly rate, there will be a non-recurring installation charge of $5, 209.50 . Your committee has been informed of the financial impact for the change as follows: Current Centrex Service Monthly Rate Centrex Stations $ 4,491 .51 • Terminal Equipment 3, 768.90 Current Monthly Costs $ 8,260 .41 Selex - For Existing Stations Trunk Charges $ 1 ,188.80 32 PBX Trunks Tariff Charges 147 Customer Loop Charges 727 .65 147 Federal Access Charges 746 .76 Special Assembly Rate - 5-year Term 147 Station Lines 1,793.40 Sub-Total $ 4,456.61 Retain Existing Equipment $ 3,768.90 • New Monthly Rate $ 8, 225 .51 FC REPORT N0, 445 ADOPTED : JAN 18 MB --, • , r. . . 411 Ili FC-445 Page 2 January 11, 1988 Your committee was apprised of the fact that with the installation of the new SELEX system, the County will be getting improved service which would be more efficient without additional lines . There will always be a dial tone when one wants to use a phone. In answer to a question regarding what is to be done at the end of the 5-year lease period, it was pointed out that adjustments will be negotiated with the telephone company during that period. Pursuant to Section 10-11 of the Hawaii County Charter, any contract, lease or other obligation requiring payment of funds from the appropriation of a later fiscal year or more than one fiscal year shall be made or approved by resolution. Your Committee on Finance concurs with the intent of Resolution No .. 386-88 and recommends its adoption. _ .00.11.r ida, 11AAV 6... FRANK DE LUZ III, CHAIRMAN v a if 0 ....., t, , 144411, \t, `44,qv1/4 L4 1 lk, ORRAI R. ' CHAKU-I UYE V.C. JA l L. K. DAHLBERG, MEMBER • , ' e , , i2,...... c44,4e,AL - -- / i? , . ,,, TAKASHI D►MINGO, r. BER RUSSELL S. KOKUB N, MEMBER (ABSENT & EXCUSED) ME' K. LAI, ME : = '' SPENCER K. SCHUTTE, MEMBER A/KK