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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: August 21, 2007 Re: Comm. No. 585Bi11 No. 142 <br /> <br /> PLACE: Council Chambers, Ben Franklin Bldg. <br /> <br /> TIME: 3:08 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. 142, reports as follows: <br /> Bill No. 142, transmitted by Director of Finance William Takaba, via Communication No. 585 dated <br /> July 30, 2007 ,amends Ordinance No. 07-83, as amended, the Capital Budget, ending June 30, 2008, <br /> by adding the following project: <br /> ENVIRONMENTAL MANAGEMENT: <br /> North Kona Sewer -County <br /> (110.699.5696.11) [$500,000] $3,960,000 <br /> Funds for this appropriation increase shall be provided from: <br /> General Obligation Bonds, Capital Projects Fund - $3,460,000 <br /> Fund Balance and/or other Sources <br /> Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget for <br /> that year with atwo-thirds vote. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 142, and recommends <br /> it pass first reading. <br /> la <br /> Hues noes A&e ex Respectfully submitted, <br /> FORD X <br /> xlcA X COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA X / <br /> JACOBSON X <br /> NAEOLE X <br /> PILAGO x DOMINIC YAGO , <br /> rncoNC X FC REP N 143 <br /> YOSHIMOTO X ADOPTS SEP O 2~ <br /> <br />