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HomeMy WebLinkAboutREP FC 154 2018/11/19 (2016-2018) REPORT OF THE COMMITTEE ON FINANCE DATE: November 19, 2018 Re: Comm. No. 1164/Res. No. 753-18 PLACE: Council Chambers Kailua-Kona, Hawai`i TIME: 10:35 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 753-18, reports as follows: Resolution No. 753-18, transmitted by Finance Director Deanna S. Sako, via Communication No. 1164 dated October 30, 2018, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year lease for one crawler dozer. This resolution authorizes the Mayor to enter into a five-year lease agreement for the equipment for the Parks and Recreation, Parks Maintenance Division, at an approximate cost of$2,654 per month. The County will own the dozer at the end of the lease. There was no discussion on this matter. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 753-18, and recommends its adoption. dmm AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANUHA 4011111111,r19 LEE LOY X 411101 ::, O HARA X POINDEXTER x MAILE DAVID, �!£ RICHARDS X FC REPORT NO.: 154 RUGGLES X ADOPTED: DEC 1 9 2018