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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: September 5, 2007 Re: Comm. No. 624/Bill No. 155 <br /> PLACE: Sheraton Keauhou Bay Resort & Spa <br /> TIME: 10:23 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. 155, reports as follows: <br /> Bill No. 155, transmitted by Director of Finance William Takaba, via Communication No. 624, dated <br /> August 20, 2007, amends Ordinance No. 07-83, as amended, the Capital Budget, ending June 30, 2008, by adding <br /> the following project: <br /> ENVIRONMENTAL MANAGEMENT: <br /> NAS Swimming Pool Renovations 110.599.5592.18 $250,000 <br /> Funds for this project shall be provided from: <br /> General Obligation Bonds, Capital Projects Fund - $250,000 <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 that year <br /> with atwo-thirds vote. <br /> Some members of Your Committee requested information regarding ownership of the pool and/or the land it sits <br /> on. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 155, and recommends it pass first <br /> reading. <br /> la <br /> AYES NOES A&E EX Respectfully submitted, <br /> FORD X <br /> HIGA X COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA X <br /> JACOBSON X <br /> NAEOLE X <br /> PILAGO X DOMINIC YAGONG AI <br /> YAGONG X FC REPO NO. 162 <br /> YOSHIMOTO x ADOPTED: SEP 1 9 2~~7 <br /> <br />