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3 <br /> PORT OF THE <br /> COMMITTEE ON FINANCE <br /> s <br /> i <br /> DATE: April 5, 2022 Re: Comm. No. 701/Res. No. 358-22 3 <br /> PLACE: Council Chambers <br /> Hilo, Hawaii <br /> TIME: 2:12 p.m. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> I <br /> Your Committee on Finance, to which was referred Resolution No. 358-22, reports as follows: j <br /> Resolution No. 358-22, transmitted by Finance Director Deanna S. Sako via Communication No. 701 3 <br /> dated March 17, 2022, authorizes the Office of the Mayor to enter into an agreement with the United <br /> States Department of Housing and Urban Development. <br /> a <br /> Federally-derived funds of$4,462,000 would be used to support projects related to the mitigation of <br /> natural disasters and other hazards defined in the 2020 Multi-Hazard Mitigation Plan. <br /> Per Committee Member Ashley L. Kierkiewicz's request, Planning Director Zendo Kern provided an <br /> overview of the mitigation plan and the projects to be fulfilled by the funding. Mr. Kern then stated <br /> that Planning would look to other funding sources for projects in the plan currently without funding. <br /> Per Committee Member Herbert M. "Tim" Richards III's request, Ms. Sako clarified the fiscal <br /> background of the measure. <br /> Committee Chair Matt Kaneali`i-Kleinfelder asked Mr. Kern if the funding is specific to low-income <br /> areas. Mr. Kern stated that 50% of the funds will be expended in low-income areas to meet a required <br /> threshold and elaborated on those specific projects. <br /> Pursuant to Section 46-7, Hawaii Revised Statutes, and Section 13-13, Hawaii County Charter, the <br /> Mayor is authorized to apply for, receive, and expend the funds for contracts with private parties, <br /> other counties, the State, or the United States government for functions or activities which the County <br /> is authorized to perform. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 358-22, and <br /> recommends its adoption. <br /> are <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID X COMMITTEE ON FINANCE <br /> INABA X <br /> KANEALI`I-KLEINFELDER X },f <br /> KIERKIEWICZ X <br /> KIMBALL x MATT KANEALI`I-KLEINFELDER, CHAIR <br /> LEE LOY X <br /> RICHARDS X FC REPORT NO.: 129 <br /> VILLEGAS X ADOPTED: APR 2 0 2022 <br />