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HomeMy WebLinkAboutREP FC 139 2024/02/06 2022-2024 REPORT OF THE COMMITTEE ON FINANCE DATE: February 6, 2024 Re: Comm.No. 703/Res.No. 421-24 PLACE: Council Chambers Hilo, Hawai`i TIME: 2:01 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 421-24,reports as follows: Resolution No. 421-24,transmitted by Finance Director Diane Nakagawa, via Communication No. 703 dated January 19, 2024, authorizes the Mayor to enter into an agreement with the State of Hawaii Office of Planning and Sustainable Development. This resolution allows for the receipt of$400,000 of state-derived funds to support the assessment, design, and feasibility of low-income affordable housing in a portion of Kukuiola Village 9 in North Kona. Finance Director Diane Nakagawa was available in the Hilo Chambers to answer any questions. Office of Housing was not available to provide background on this measure. Committee Member Rebecca Villegas commented on the location of this project as this area is within her Council district. Committee Members Cindy Evans and Heather Kimball commented on this measure. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 421-24, and recommends its adoption. llch AYES NOES ABS EX Respectfully submitted, EVANS X GALIMBA X COMMITTEE ON FINANCE INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ x MATT KANEALI - INFELDER, KIMBALL X CHAIR LEE LOY X FC REPORT NO.: 139 VILLEGAS X ADOPTED: FEB 2 1 2024