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HomeMy WebLinkAboutREP FC 141 2024/02/06 2022-2024 REPORT OF THE COMMITTEE ON FINANCE DATE: February 6, 2024 Re: Comm.No. 703/Bill No. 129 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 Bill No. 129, reports as follows: Bill No. 129,transmitted by Finance Director Diane Nakagawa via Communication No. 703 dated January 19, 2024, amends Ordinance No. 23-50, as amended, the Operating Budget for the County of Hawaii for the fiscal year ending June 30, 2024. This bill appropriates revenues in the State Grants—Transit-Oriented Development Capital Improvement Projects for Kukuiola Village 9 account($400,000); and appropriates the same to Transit-Oriented Development Capital Improvement Projects for Kukuiola Village 9 account. Funds would be used to support the assessment, design, and feasibility of low-income affordable housing in a portion of Kukuiola Village 9 in North Kona. There was no discussion on this matter. Your Committee on Finance is in accord with the purpose and intent of Bill No. 129, and recommends its passage on first reading. 1kh AYES NOES ABS EX Respectfully submitted, EVANS X GALIMBA X COMMITTEE ON FINANCE INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEWICZ X MATT KANE I`I- I,EINFELDER, KIMBALL X CHAIR LEE LOY X FC REPORT NO.: 141 VILLEGAS X ADOPTED: EEB 2 1 2024