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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: September 5, 2007 Re: Comm. No. 631Bi11 No. 162 <br /> <br /> PLACE: Sheraton Keauhou Bay Resort & Spa <br /> <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. 162, reports as follows: <br /> Bill No. 162, transmitted by Director of Finance William Takaba, via Communication No. 631, <br /> dated August 21, 2007, amends Ordinance No. 07-83, as amended, the Capital Budget, ending <br /> June 30, 2008, by increasing the following project: <br /> ENVIRONMENTAL MANAGEMENT: <br /> Honoka`a LCC Replacement - SRF [$5,000,000] $7,000,000 <br /> 110.699.5693.19 <br /> Funds for this appropriation increase shall be provided ftom: <br /> General Obligation Bonds, Capital Projects Fund - $2,000,000 <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 <br /> for that year with atwo-thirds vote. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 162, and <br /> recommends it pass first 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 /> r[LACO x DOMINIC YAGO G, R <br /> vncoNC X FC REPO NO. 169 <br /> YOSHIMOTO x ADOPTED: SEP 1 9 2001 <br /> <br />