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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: January 18, 2007 Re: Comm. No. 38Bi11 No. 12 <br /> <br /> PLACE: Councilroom <br /> 333 Kilauea Avenue, 2nd Floor <br /> Hilo, Hawaii 96720 <br /> TIME: 1:00 p.m. <br /> Council Chai and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Bill No. 12, reports as follows: <br /> Bill No. 12, transmitted by Director of Finance William Takaba, via Communication No. 38, dated <br /> December 13, 2006, amends Ordinance No. 06-80, as amended, the Operating Budget, ending <br /> June 30, 2007. The amendment is as follows: <br /> From: <br /> 110.3995399.21 Public Works General $1,000,000 <br /> Land Acquisition for <br /> Public Works Facilities [$100,000] <br /> To: <br /> General Obligation Bonds, Capital General $900,000 <br /> Projects Fund -Fund Balance and/or <br /> Other Sources <br /> Pursuant to Section 46-7, of the 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 the project <br /> identified in the Operating Budget. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 12, and recommends it <br /> pass first reading. <br /> Iga <br /> Hues noes a&E ex Respectfully submitted, <br /> FORD X <br /> HIGA g COMMITTEE ON FINANCE <br /> HOFFMANN J~ <br /> IKEDA g , \ <br /> JACOBSON X <br /> PILAGO g DOMINIC YAG , A <br /> YAGONG X FC RE T 19 <br /> YOSHIMOTO J{ ADOPTED: MAR O 9 ZOO1 <br /> <br />