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HomeMy WebLinkAboutREP FC 067 2019/10/01 2018-2020 PORT OF THE COMMITTEE ON FINANCE DATE: October 1, 2019 Re: Comm. No. 507/Res. No. 335-19 PLACE: Council Chambers Kailua-Kona, 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. 335-19, reports as follows: Resolution No. 335-19 transmitted by Finance Director Deanna Sako, via Communication No. 507 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 a 100-gallon fuel truck 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$1,400 per month. 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. 335-19, and recommends its adoption. drmn AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID X COMMITTEE ON FINANCE EOFF X KANEALI`I-KLEINFELDER X KIERKIEWICZ X C LEE LOY X POINDEXTER X AILE MERE DAVID, CHAIR RICHARDS X FC REPORT NO.: 67 VILLEGAS X ADOPTED: OCT 1._6. 2019_