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HomeMy WebLinkAboutREP FC 066 2017/11/14 (2016-2018) • REPORT OF THE COMMITTEE ON FINANCE DATE: November 14, 2017 Re: Comm. No. 579/Res. No. 392-17 PLACE: Council Chambers • Kailua-Kona, Hawai`i TIME: 12:10 p.m. • Council Chair and Members Hawaii County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 392-17, reports as follows: Resolution No. 392-17, transmitted by Finance Director, Deanna S. Sako, via Communication No. 579 dated October 26, 2017, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year lease for one 600 kilowatt emergency generator. This resolution authorizes the Mayor to enter into a five-year lease agreement at an estimated monthly cost of$6,500. The equipment would be used by the Department of Environmental Management, Wastewater Division, to power wastewater plants and larger sewer pump stations during power outages. The County will own the equipment at the end of the lease. There was no discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 392-17, and recommends its adoption. • dmm AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANUHA X LEE LOY X7 rd O HARA X Wieff`! POINDEXTER x MAILE DAVID, CHAIR RICHARDS X FC REPORT N6.6 2017 RUGGLES X ADOPTED: DEC 0