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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: March 8, 2001 Re: Comm. No. 126/Bill No. 33 <br /> <br /> PLACE: Council Chambers <br /> <br /> TIME: 10:10 A.M. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Bill No. 33, reports as follows: <br /> <br /> Bill No. 33, transmitted by Director of Finance William T. Takaba, via Communication No. 126, <br /> <br /> dated February 16, 2001, amends Ordinance No. 00-64, as amended, the Capital Budget ending <br /> <br /> June 30, 2001, by adding the following project: <br /> PUBLIC WORKS: <br /> <br /> Flood Disaster Projects -County Match 110-299-5299.36 $2,000,000 <br /> <br /> Funds for this project shall be provided from: <br /> <br /> Transfer to Capital Project Fund $1,500,000 <br /> <br /> General Obligation Bonds, Capital Projects Fund - <br /> Fund Balance and/or Other Sources $ 500,000 <br /> <br /> Funds will be used for the County's share of federally funded flood disaster projects. <br /> <br /> Bill No. 33, Draft 2 was referred to Your Committee via Communication No. 126.1, dated <br /> March 1, 2001 from Director of Finance William T. Takaba, which amended Section 2 to read <br /> General Fund in lieu of Transfer to Capital Project Fund. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 33, Draft 2, and <br /> recommends it pass first reading. <br /> smc <br /> AYES NOES A&E EJi <br /> Respectfully submitted <br /> CHUNG X <br /> PlslccHlo x COMMITTEE ON FINANCE <br /> ARAKAKI X <br /> ELARIONOFF X <br /> JACOBSON X <br /> LEITHEAD-TODD J( <br /> SAFARIK X AARON S.Y. CHUNG, CHAIR <br /> TYLER X FC REPORT NO. 40 <br /> YAGONG X ADOPTED: MQR~ ] ZOO1 <br /> <br />