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M, . <br /> 1 <br /> COUNTY OF HAWAII <br /> +_ �''�-��'��_# STATE OF HAWAII <br /> ; <br /> 1 l�tE•a N'�' <br /> RESOLUTION NO. :326 19 <br /> RESOLUTION AUTHORIZING THE PAYMENT OF FUNDS OF A <br /> LATER FISCAL YEAR AND OF MORE THAN ONE FISCAL YEAR <br /> FOR A MULTI-YEAR LEASE OF A TRUCK TRACTOR FOR THE <br /> DEPARTMENT OF PUBLIC WORKS <br /> WHEREAS, Section 10-11 of the County Charter requires that any contract, <br /> lease or other obligation requiring payment of funds from the appropriations of a <br /> later fiscal year or of more than one fiscal year be approved by resolution; and <br /> WHEREAS, the County of Hawaii wishes to enter into a multi-year lease <br /> agreement for five (5) years, for a truck tractor; and <br /> WHEREAS, this equipment will allow for increased efficiency and <br /> productivity; now therefore, <br /> BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br /> 1. That the Mayor is hereby authorized to enter into a five (5) year <br /> lease agreement for the equipment as indicated above, for the <br /> Department of Public Works. <br /> 2. That sufficient funds be budgeted in future fiscal years to cover the <br /> anticipated obligations of the County under the terms of the <br /> agreement. <br />