REP FC 121 2014/01/07 (2012-2014)

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REPORT OF THE COMMITTEE ON FINANCE DATE: January 7, 2014 Re: Comm. No. 581/Bill No. 171 PLACE: Council Chambers Hilo, Hawai`i TIME: 2:30 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 171, reports as follows: Bill No. 171, transmitted by Finance Director Nancy Crawford, via Communication No. 581 dated December 18, 2013, amends Ordinance No. 13-66, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2013 to June 30, 2014. The amendment is as follows: PUBLIC WORKS Mohouli Senior Housing Traffic Signal - Private $500,000 (110.388.5381.15) Funds for this appropriation increase shall be provided from: Private Contributions $500,000 The proposed bill adds the Public Works Mohouli Senior Housing Traffic Signal - Private project for $500,000 to the Capital Budget. Funds for this project shall be provided from Private Contributions (Mohouli Senior Phase 1, LLLP), and would be used for a proportionate share of the cost for design and construction of the traffic signal. Public Works Deputy Director Brandon Gonzales appeared before Your Committee for questions. He stated the money will be for the portion of the Mohouli Senior Phase I project where a drive-in tie into Mohouli Street may possibly need a traffic signal in the future. Council Member Onishi and Yoshimoto discussed concerns about the 45 mph speed limit on Mohouli Street. Deputy Director Brandon Gonzales stated that there are no plans to lower it at this time; however, it may be considered in the future. Furthermore, he stated that there are no plans currently for the intersection mauka of the senior center. Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget for that year with a two-thirds vote. FC Report No. 121