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<br /> <br /> <br /> <br /> REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> <br /> DATE: August 26, 2008 Re: Comm. No. 1383/Bill No. 346 <br /> PLACE: Sheraton Keauhou Bay Resort & Hotel <br /> 78-128 `Ehukai Street <br /> Kailua-Kona, Hawaii <br /> TIME: 12:30 p.m. <br /> <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> <br /> Your Committee on Finance, to which was referred Bill No. 346, reports as follows: <br /> <br /> Bill No. 346, transmitted by Director of Finance William Takaba, via Communication No. 1383, dated <br /> August 8, 2008, amends Ordinance No. 08-79, as amended, the Capital Budget, ending June 30, 2009, by <br /> adding the following project: <br /> <br /> PARKS & RECREATION: <br /> Hazardous Materials Mitigation - Islandwide 110.599.5599.10 $1,000,000 <br /> <br /> Funds for this appropriation increase shall be provided from: <br /> General Obligation Bonds, Capital Projects Fund - $1,000,000 <br /> Fund Balance and/or Other Sources <br /> <br /> Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget for that <br /> year with a two-thirds vote. <br /> Council Member Brenda Ford requested from Pam Mizuno of Parks & Recreation Department to provide <br /> Council with a breakdown of funding as to how much has been encumbered; how much work has been <br /> completed, and what projects are still pending for completion. <br /> <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 346, and recommends it <br /> pass first reading. <br /> <br /> la <br /> <br /> AYES NOES A&E Ex Respectfully submitted, <br /> FORD X <br /> HIGA x COM ITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA x <br /> JACOBSON X <br /> NAEOLE X <br /> PILAGO x DOMINIC YAGO C VI <br /> YAGONG X FC REP T NO. 320 <br /> YOSHIMOTO X ADOPTED: Rr ' 0 ?One ~ <br />