HomeMy WebLinkAboutREP FC 122 2018/06/05 (2016-2018) REPORT OF THE
COMMITTEE ON FINANCE
DATE: June 5, 2018 Re: Comm. No. 944/Res. No. 619-18
PLACE: Council Chambers
Hilo, Hawai`i
TIME: 9:15 a.m.
Council Chair and Members
Hawai`i County Council
Hilo, Hawai`i 96720
Your Committee on Finance, to which was referred Resolution No. 619-18, reports as follows:
Resolution 619-18, transmitted by Finance Director Deanna S. Sako, via Communication No. 944 dated
May 16, 2018, 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 for the County of Hawai`i Department of Public Works.
This resolution authorizes the Mayor to enter into a multi-year lease agreement with an option for two
additional five-year terms with the Estate of Ole Eigel Jensen and Elaine Marie Jensen, at a monthly cost
of$700 to allow the Traffic Division the continued occupancy of parking and storage space located at
81-6394 Hawai`i Belt Road, Kealakekua.
Traffic Division Chief Ron Thiel explained that Public Works has been leasing the building for several
years and noted that the parking is a separate lease.
Property Manger Hamana Ventura stated that having available warehouse, facilities, adequate parking,
and the ability to utilize this property to its full capacity would be beneficial as to what the County is
trying to accomplish.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 619-18, and
recommends its adoption.
dmm
AYES NOES ABS EX Respectfully submitted,
CHUNG X
DAVID x COMMITTEE ON FINANCE
EOFF X
KANUHA X
LEE LOY X11140100
r!!"O'HARA X 411113
POINDEXTER x MAILE DAVID, CHAIR
RICHARDS X FC REPORT NO.: 122
RUGGLES X ADOPTED: iUN 1 9 2(118