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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: February 21, 2007 Re: Comm. No. 169Bi11 No. 47 <br /> PLACE: Sheraton Keauhou Bay Resort & Spa <br /> 78-128 `Ehukai Street <br /> Kailua-Kona, Hawaii <br /> TIME: 2:03 p.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. 47, reports as follows: <br /> Bill No. 47, transmitted by Director of Finance William Takaba, via Communication No. 169, <br /> dated February 5, 2007, amends Ordinance No. 06-80, as amended, the Capital Budget, ending <br /> June 30, 2007, by adding the following project: <br /> ENVIRONMENTAL MANAGEMENT: <br /> <br /> North Kona Effluent Reuse Upgrade -County 110.699.5696.03 $ 546,000 <br /> North Kona Effluent Reuse Upgrade - SRF 110.699.5691.04 $3,643,000 <br /> Funds for this appropriation increase shall be provided from: <br /> General Obligation Bonds, Capital Projects Fund - <br /> Fund Balance and/or other Sources $ 546,000 <br /> State Revolving Funds (SRF) $3,643,000 <br /> Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget <br /> for that year with atwo-thirds vote. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 47 and <br /> recommends it pass first reading. <br /> la <br /> AYes noes n&e ex Respectfully submitted, <br /> FORD X <br /> RIGA X COMMITTEE ON FINANCE <br /> HOFFMANN X jj~~ <br /> IKEDA X 1 \ <br /> JACOBSON X \ 1 <br /> NAEOLE X ~y`~'~~ <br /> PILAGO x DOMINIC YAGONG <br /> YAGONG X FC REPOR O. 60 <br /> YOSHIMOTO X ADOPTED: AR 2QQI <br /> <br />