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HomeMy WebLinkAboutREP FC 067 2017/11/14 (2016-2018) REPORT OF THE COMMITTEE ON FINANCE DATE: November 14, 2017 Re: Comm. No. 580/Res. No. 393-17 PLACE: Council Chambers Kailua-Kona, Hawai`i TIME: 12:10 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 393-17, reports as follows: Resolution No. 393-17, transmitted by Finance Director, Deanna S. Sako, via Communication No. 580 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 sewer cleaning truck. This resolution authorizes the Mayor to enter into a five-year lease agreement at an estimated monthly cost of$7,300. The equipment would be used by the Department of Environmental Management, Wastewater Division, to clean sewer main lines and service laterals as well as remove material from lift station wet wells, treatment plant tanks, and channels. 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. 393-17, and recommends its adoption. dram 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 1111.1111117"-MAILE DA RICHARDS X FC REPORT NO.: 67 RUGGLES X ADOPTED: DEC 0 5 2017