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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: February 5, 2008 Re: Comm. No. 943Bi11 No. 225 <br /> PLACE: Council Chambers <br /> Hilo, Hawaii <br /> TIME: 1:04 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. 225, reports as follows: <br /> Bill No. 225, transmitted by Council Member Emily I. Naeole, via Communication No. 943, dated <br /> January 18, 2008, is an ordinance amending Chapter 2, Article 36, Hawaii County Code 1983 (2005 <br /> Edition, as amended), renaming and redefining the Geothermal Relocation Program to the Geothermal <br /> Relocation and Community Benefits Program. <br /> This measure will allow for continued relocation as needed, however, a new community benefit <br /> program will be established that will allow funding of expenditures for the benefit of Lower Puna for <br /> road improvements, water infrastructure development, land acquisition, parks and recreational facility <br /> needs, civil defense, and mass transit improvements. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 225, and recommends <br /> it pass first reading. <br /> la <br /> Hues NOES n&E Ex Respectfully submitted, <br /> FOIID X <br /> RIGA g COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA X <br /> JACOBSON X _ <br /> NAEOLE $ <br /> PILAGO X DOMINIC YAGO C <br /> YAGONG X FC REP NO. 238 <br /> YOSHIMOTO X ADOPTED: FFR~~ <br /> <br />