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HomeMy WebLinkAboutCOM 0525.000 2018-2020 Harry Kim OF"�y Deanna S. Sako Mayor Director r; ;r Steven A. Hunt Deputy Director .rTE of.H'•� County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawaii 96720 (808)961-8234 • Fax(808)961-8569 toe) September 27, 2019 ' Na v Aaron Chung, Council Chair and Members of the Hawaii County Council co 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 Enc. 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 �Nbw