RES 291 Draft 01 1996-1998 - Laserfiche WebLink

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m_____~._.,.__.____~_._~ .___.___.~__ . . .,", . REPORT OF THE COMMITTEE ON FINANCE _..._._------_...~_._._._,-------~>._------,.- . DATE: PLACE: TIME: August 4, 1998 Councilroom 10:35 A.M. Re: Comm. No. 903/Res. 291-98 Chair and Members Hawaii County Council. Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 291-98, reports as follows: Resolution No. 291-98, transmitted by Chief Engineer Donna Fay Kiyosaki, via Communication No. 903, dated June 16, 1998, authorizes the acceptance ofthe sewage works constructed by Maryl Development, Inc., and authorizes the reimbursement of the full cost for the sewage works. MarylDevelopment, Inc. has completed the sewer line extension from the Waiakea Center located at TMKs (3)2-2-47:056, 63 and 64, through the line extension along Makaala Street connecting to the existing County system located on Leilani Street, and is now desirous of transferring the sewer extension to the County of Hawaii. Pursuant to Section 21-19, Hawaii County Code, all sewage works found acceptable by the Chief Engineer and shall become property of the County to be maintained and operated as part of the public system.. Further, Section 21-28, Hawaii County Code, provides for the reimbursement for 1en years after its completion, all moneys for sewage charges collected by the County from other properties connecting to the extension. Ayes l'ioes A&E EX CHUNG X LEITHEAD- TODD X RAY X SANTANGELO X SMITH. X . TYLER . X YAGONG X ARAKAKI, E.O.M. X Respectfully submitted I I I I I i ! I I I I I I i I i I i I I I I I Upon the approval of Resolution No. 291-98, Maryl Development, Inc. would be entitled to reimbursement of up to One Million Four Hundred Five Thousand Four Hundred Ninety-One and 71/100 Dollars ($1,405,491.71). Due to questionable language in the title of Resolution No. 291-98, Your Committee requested the creation of a new resolution to correct the language. Said resolution will be waived to the next Council meeting to avoid further delay. Your Committee on Finance is not in accord with the purpose and intent of Resolution No. 291- 98 and recommends it be filed. lei COMMITTEE ON FINANCE ~ AARON S.Y. CHUNG, CHAIR Fe REPORT NO. 259 ADOPTED: