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Communication No. 327.2 from Colmcil Member Bob Jacobson, dated November 20, 2003, <br />provides comments on Bill No. 140, which states that until the recent park renovation and <br />subsequent increased public use of the park, the Hookena Beach Community Water Association <br />had no intention of increasing the size of the water meter and saw no need to do so. The <br />determination of public purpose is as follows: (1) determine the ultimate goal of the benefit to <br />the public intended by the project; (2) analyze whether public or private parties will be the <br />primary beneficiaries; (3) analyze the speculative nature of the project; and (4) analyze and <br />balance the probability that the public interest will be ultimately served and to what degree. <br />Your Committee on Finance is in accord with the purpose and intent of Bill No. 140 and <br />recommends it pass first reading. <br />smc <br /> A1'Eti NO4a AK@ ABS <br />CHUNG X <br />SAFARIK X <br />ARA KAKI X <br />ELARIONOFF X <br />HOLSCHUH X <br />JACOBSON X <br />REYNOLDS X <br />TT LANG X <br />TYLER X <br />Respectfully submitted <br />ON FINANCE. <br />AARON S.Y. CHUNG. CF~IAIR <br />FC REPORT' NO. \J' <br />ADOPTED: lltl <br />