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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: September 17, 2013 Re: Comm. No. 418/Bill No. 127 <br /> PLACE: Council Chambers <br /> Hilo, Hawai`i <br /> TIME: 10:05 a.m. <br /> Council Chair and Members <br /> Hawai`i County Council <br /> Hilo, Hawai`i 96720 <br /> Your Committee on Finance, to which was referred Bill No. 127, reports as follows: <br /> Bill No. 127, transmitted by Finance Director Nancy Crawford, via Communication No. 418 dated <br /> August 28, 2013, amends Ordinance No. 13-66, as amended, relating to public improvements and <br /> financing thereof for the fiscal year July 1, 2013 to June 30, 2014. The amendment is as follows: <br /> PUBLIC WORKS <br /> Ali`i Drive Culvert Replacement - County <br /> (110.388.5386.04) $ 308,000 <br /> Funds for this appropriation increase shall be provided from: <br /> General Obligation Bonds, Capital Projects Fund - Fund Balance and/or Other Sources <br /> The proposed bill increases the Public Works, Ali`i Drive Culvert Replacement (County) project by <br /> $308,000, bringing the total of the County's portion to $758,000. <br /> There was no discussion on this matter. <br /> Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget <br /> for that year with a two-thirds vote. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 127, and <br /> recommends its passage on first reading. <br /> sc <br /> AYES NOES A&E EX Respectfully submitted, <br /> EOFF X <br /> FORD X _ COMMITTEE ON FINANCE <br /> ILAGAN X <br /> KANUHA X <br /> KERN X _._.._.,r./.....�� � � �... <br /> ONISHI X <br /> POINDEXTER X VALERIE T. POINDEXTER, CHAIR <br /> WILLE X FC REPORT NO.: 94 <br /> YOSHIMOTO X ADOPTED: OCT 0 2 2013 <br />