HomeMy WebLinkAboutREP FC 099 2021/12/07 2020-2022 I
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REPORT OF THE
COMMITTEE ON FINANCE
DATE: December 7, 2021 Re: Comm. No. 524/Bill No. 94
PLACE: Council Chambers
Hilo, Hawaii
TIME: 11:16 a.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance,to which was referred Bill No. 94, reports as follows:
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Bill No. 94, transmitted by via Communication No. 524 dated November 18, 2021, amends
Ordinance No. 21-39, as amended,relating to public improvements and financing thereof for the
Fiscal Year July 1, 2021 to June 30, 2022.
This resolution adds the Environmental Management Pua Force Main Installation and Rehabilitation—
State Revolving Funds project for$530,000 to the Capital Budget. Funds for this project shall be
provided from State Revolving Funds, and would be used to install a second Sewage Force Main and
rehabilitate the existing Force Main that connects the Pua Sewage Pump Station to the Hilo Wastewater
Treatment Plant.
Environmental Management Director Ramzi I. Mansour provided background on the bill. Mr. Mansour
explained that as a result of the future Hilo International Airport runway extension, a redesign of the
affected alignment section of sewer lines is needed.
Committee Member Susan L.K. Lee Loy asked Director of Finance Deanna S. Sako what the interest
rate would be for the funds. Ms. Sako stated that the state revolving funds would run at about a 0.5%
interest rate.
Ms. Lee Loy then requested Mr. Mansour find out if the Department of Transportation could reimburse
the County for redesign costs, since it is an unintended consequence of the runway extension.
Pursuant to Section 10-6(e), Hawaii County Charter, the Council may amend the Capital Budget for
that year by ordinance with a two-thirds vote of the entire membership.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 94, and recommends its
passage on first reading.
aro
AYES NOES ABS EX Respectfully submitted,
CHUNG X
DAVID X COMMITTEE ON FINANCE
INABA X
KANEALI`I-KLEINFELDER X
KIERKIEWICZ X
KIMBALL x MATT IRAN I` -KLEINFELDER, CHAIR
LEE LOY X
RICHARDS X FC REPORT NO.: 99
VILLEGAS X ADOPTED: DEC 2 2 2021