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HomeMy WebLinkAboutREP FC 221 2022/10/18 2020-2022 REPORT OFT E COMMITTEE ON FINANCE DATE: October 18, 2022 Re: Comm.No. 10381Bill No. 223 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 1:04 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance,to which was referred Bill No. 223,reports as follows: Bill No. 223, transmitted by Finance Director Deanna S. Sako via Communication No. 1038 dated September 30, 2022, amends Ordinance No. 22-64, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2022 to June 30, 2023. This bill adds the Environmental Management Hilo Waste Water Treatment Plant Upgrades—State Revolving Funds project($17 million)to the Capital Budget. Funds for these projects shall be provided from State Revolving Funds ($17 million), and would be used for improvements to the wastewater treatment plant in Hilo. Environmental Management Business Manager Robin Bauman appeared via Zoom to provide a summary of the measure. Committee Member Susan L. K. Lee Loy spoke in support of the resolution, and asked Ms. Bauman to further explain the State Revolving Fund and its advantages. Ms. Bauman described the fund's low interest loans. Ms. Sako stated thai the Finance Department tries to utilize the State Revolving Fund whenever possible. Committee Members Rebecca Villegas and Herbert"Tim"Richards III provided comments in support. Committee Member Ashley L. Kierkiewicz expressed reservations to support the measure without a copy of the project's master plan and requested that it be provided. Ms. Sako requested Ms. Kierkiewicz's support to move this measure forward. Ms. Kierkiewicz then agreed to support. Your Committee on Finance is in accord with the purpose and intent of Bill No. 223, and recommends its passage on first reading. Ik AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE INABA X KANEALI`I-KLEINFELDER X KIERKIEWICZ X KIMBALL X MATT KANEALI I-KLEINFELDER, CHAIR LEE LOY X RICHARDS X FC REPORT NO.: 221 VILLEGAS X ADOPTED: NOV 0 2 202