HomeMy WebLinkAboutREP FC 135 2020/09/15 2018-2020 REPORT OF THE
COMMITTEE ON FINANCE
DATE: September 15, 2020 Re: Comm. No. 1061/Res. No. 723-20
PLACE: Council Chambers
Hilo, Hawai`i
TIME: 9:03 a.m.
Council Chair and Members
Hawai`i County Council
Hilo, Hawai`i 96720
Your Committee on Finance, to which was referred Resolution No. 723-20, reports as follows:
Resolution No. 723-20, transmitted by Finance Director Deanna Sako, via Communication No. 1061
dated August 27, 2020, authorizes the Office of the Mayor to enter into an agreement with the United
States Department of Housing and Urban Development.
This resolution allows for the receipt of$978,184 of federally-derived funds to be used by the Office of
Housing and Community Development to prevent, prepare for, and respond to the COVID-19 pandemic.
A motion to move Resolution No. 723-20 to Council with a positive recommendation was made by
Council Member Ashley L. Kierkiewicz, and seconded by Council Member Susan L. K. Lee Loy.
Finance Director Deanna Sako and Housing Administrator Duane Hosaka addressed Your Committee
noting that this funding is technically round two of three federal funding opportunities coming to
Housing via the Community Development Block Grant (CDBG) route. Mr. Hosaka shared that unlike
the Coronavirus Aid, Relief, and Economic Security(CARES) funds with the December 2020
expenditure deadline, these funds have a five-year expenditure deadline, however he anticipates funds
being spent within one to two years. To assist the island community response to COVID-19, funding is
being allocated to The Food Basket, Boys and Girls Club of Big Island, Na Kahua Hale 0 Ulu Wini, and
Project Vision Hawai`i. Funding may also be used as reimbursements for those organizations' expenses
related to COVID-19. Answering an inquiry on the amount detailed for administrative costs,
Mr. Hosaka stated that said total represents seven percent of total budget for indirect costs; for example,
rent, electricity, phones, etcetera., which will last them less than two years.
Your Committee on Finance is in accord with the purpose and intent of Resolution No. 723-20, and
recommends its adoption.
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AYES NOES ABS EX Respectfully submitted,
CHUNG X
DAVID x COMMITTEE ON FINANCE
EOFF X
KANEALI`I-KLEINFELDER X
KIERKIEWICZ X
LEE LOY X14/66-,-447
POINDEXTER x MAILE MEDE - D• V 0, CHAIR
RICHARDS X FC REPORT NO.: 135
VILLEGAS X ADOPTED: OCT 0 7 2020