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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: September 7, 2011 Re: Comm. No. 327/Bill 87 <br /> PLACE: Council Chambers <br /> Hilo, Hawai`i <br /> TIME: 2:34 p.m. <br /> Council Chair and Members <br /> Hawai`i County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Bill 87, reports as follows: <br /> Bill 87, transmitted by Council Member Brenda J. Ford via Communication No. 327, dated <br /> August 24, 2011, initiates a Charter Amendment to Article X, Section 10-15, of the Hawaii <br /> County Charter (2010 Edition), Relating to the Public Access, Open Space, and Natural <br /> Resources Preservation Fund. <br /> Council Member Brenda J. Ford stated the purpose of bringing this Charter amendment, relating <br /> to the Public Access, Open Space, and Natural Resources Preservation Fund is to change the <br /> minimum amount from one to two percent to match the County Code. She seeks the support of <br /> council members to place this on the ballot for the voters to decide. <br /> Some members of your Committee commented that this is an amendment to the charter and not <br /> about voter education or maintenance. Bill 87 will give the people an opportunity to make the <br /> decision on a subject as important as this and decide what is good for the County. This will <br /> bring closure to the argument of how much will be funded, and hopefully will discontinue <br /> discussion every year. The current Charter Amendment assures one (1) percent into the land <br /> fund if voters the amendment fails during the 2012 election. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill 87, and recommends <br /> its passage on first reading. <br /> dkr <br /> AYES NOES A&E EX Respectfully submitted, <br /> BLAS X <br /> FORD X COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA X <br /> ONISHI X '1-e--asoC--- 9T-71-4— <br /> PILAGO X <br /> SMART X BRENDA FORD, CHAIR <br /> YAGONG X FC REPORT I'j.9 1 104 <br /> YOSHIMOTO X ADOPTED: Jt 2011 <br />