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HomeMy WebLinkAboutREP FC 064 2019/10/01 2018-2020 i i i REPORT OFT E COMMITTEE ON FINANCE i DATE: October 1, 2019 Re: Comm.No. 504/Res. No. 332-19 PLACE: Council Chambers Kailua-Kana, Hawaii TIME: 4:55 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 332-19, reports as follows: Resolution No. 332-19 transmitted by Finance Director Deanna Sako, via Communication No. 504 dated September 13, 2019, authorizes the payment of funds of a later fiscal year and of more than one fiscal year for a multi-year lease of three tractor mowers for the Department of Public Works. This resolution authorizes the Mayor to enter into a five-year lease agreement with an approximate monthly cost of$4,100. The County would own the equipment 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. 332-19, and recommends its adoption. dmm AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANEALI`I-KLEINFELDER X KIERKIEWICZ X _ LEE LOY X POINDEXTER X AILE MEDE S DAVID, CHAIR RICHARDS X FC REPORT NO.: 64 VILLEGAS X ADOPTED: QCT_ _ A 201