HomeMy WebLinkAboutCOM 0525.000 2018-2020 Harry Kim OF"�y Deanna S. Sako
Mayor Director
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Steven A. Hunt
Deputy Director
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County of Hawaii
Finance Department
25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720
(808)961-8234 • Fax(808)961-8569
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September 27, 2019 '
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Aaron Chung, Council Chair and
Members of the Hawaii County Council
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Hawaii County Council -
25 Aupuni Street a)
Hilo, Hawaii 96720
Re: Resolution for multi-year lease
Enclosed is a resolution authorizing the payment of funds for more than one fiscal year
for a new multi-year lease agreement for a forklift for the Department of Environmental
Management, Wastewater Division. This equipment will replace a 30 year old forklift
that has reached the end of its useful life. The approximate cost for the forklift will be
$1,005 per month for 60 months.
If there are any questions,please do not hesitate to call Robin Bauman of the Department
of Environmental Management at 961-8179.
�+ t Deanna S. Sako
XO Director of Finance
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cc: Environmental Management
Comm.No.
Hawaii County is an Equal Opportunity Employer and Provider
Ref.To:
Ref. bate ,SEP 3 0 2819
Form #: 8-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Environmental Management DATE: 9/9/19
STAFF CONTACT: Dora Beck PHONE: 961-8513
A. REQUEST:
Resolution authorizing the Mayor to enter into a multi-year lease agreement for a Forklift for a period of five
(5) years for the Department of Environmental Management Wastewater Division.
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
The Wastewater Division is requesting to lease finance a Forklift to replace the existing unit. The current
Forklift is close to 30 years old and has reached the end of it's useful life. The Automotive Division has
informed us that replacement parts for the existing Forklift are difficult to find or may not be available which
means completion of repairs will take longer.
The necessity of a Forklift is to lift and transport machinery, industrial equipment, chemical totes, sludge bins
and rubbish bins.
The purchase price is estimated at $60,000.00. The monthly lease payment is estimated at $1,005.00. This
equipment will be lease financed such that the County will own the equipment at the end of the five year
lease.
Funding for this equipment was not included in the FY1 9-20 budget as the need to replace the existing unit
has recently been brought to the Division's attention. Delivery of the Forklift is not expected until next fiscal
year due to the estimated lead time for this equipment.
SIGNED: DATE: 7
1Y V Department Head
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