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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: February 6, 1997 Re: Comm. No. 119 <br /> <br /> PLACE: Councilroom <br /> <br /> TIME: 11:10 A.M. <br /> <br /> Chair and Members <br /> <br /> Hawaii County Council <br /> <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Bill No. 38, reports as follows: <br /> <br /> Bill No. 38, transmitted by Finance Director Harry Takahashi, via Communication No. 119, <br /> <br /> dated January 17, 1997, amends Ordinance 96-68, as amended, the Capital Budget ending <br /> <br /> June 30, 1997, by adding the following projects: <br /> <br /> P B I WOR_ <br /> <br /> Kona Road Improvements, Phase II -Federal $4,708,800.00 <br /> <br /> (110-699-5697.59-115) <br /> <br /> Kona Road Improvements, Phase II 1,291,200.00 <br /> <br /> (110-699-5697.60-115) <br /> Funds for these projects shall be provided from: <br /> Federal Grants Receivable $4,708,800.00 <br /> General Obligation Bonds and/or Other Sources 1.291.200.00 <br /> $6,000,000.00 <br /> <br /> These projects will include the resurfacing of portions of Alii Drive and Palani Road and sight <br /> distance improvements on a section of Mamalahoa Highway. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 38 and <br /> recommends it pass first reacting. <br /> Ikc <br /> oyes nom n&r ex <br /> Respectfully submitted <br /> CHUNG X <br /> LEITHEAD-TODD x CO MITTEE ON FINANCE <br /> RAV x <br /> SANTANGELO X / y }Y~ " <br /> SMITH X 1~J <br /> TYLER x AARON S. . CHUNG, C AIR <br /> YAGONG X FC REPORT NO. 37' <br /> ARAKAKI, E.o.M. ADOPTED: f~l- <br /> <br />