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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: April 4, 2006 Re: Comm. No. 760/Bill No. 245 <br /> PLACE: Council Chambers <br /> TIME: 9:04 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. 245, reports as follows: <br /> Bill No. 245, transmitted by Director of Finance William Takaba, via Communication No. 760, <br /> dated March 13, 2006, amends Ordinance No. OS-86, as amended, the Operating Budget, ending <br /> June 30, 2006. The amendment is as follows: <br /> From: <br /> 3305.23 State Grant -Product Development Prog General $75,000 <br /> "I'o: <br /> 010-161-5162.99 Product Development Program-State General $75,000 <br /> The Department of Research and Development will be receiving additional funds from the State <br /> of Hawaii -Hawaii Tourism Authority to be used to support and improve the tourism product <br /> development initiatives and projects. <br /> Deputy Director Diane Ley of the Department of Research and Development clarified that the <br /> aforementioned project is supported in each district. Ms. Ley will be sending a list of all the <br /> <br /> participating agencies prior to the next Council meeting. <br /> Pursuant to Section 46-7, Hawaii Revised Statutes, and Section 13-13(b), Hawaii County <br /> Charter, the Mayor is already authorized to apply for, receive and expend the funds for this <br /> program identified in the Operating Budget. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 245 and <br /> recommends it pass first reading. <br /> smc <br /> Aves rvoES a&e ex Respectfully submitted, <br /> ARAKAKI X <br /> HtcA x COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> HOLSCHUH X ^ <br /> IKEDA X - F1.~~ <br /> ISBELL X J ~ <br /> ~ACOSSON x VIRG IA ISBELL, CHAIR <br /> FtLACO X FC REPORT NO. 266 <br /> sAFARtK X ADOPTED: APR ~ 9 POO6 <br /> <br />