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REPORT OF THE <br />COMMITTEE ON FINANCE <br />DATE: August 21, 2024 Re: Comm. No. 980/Res. No. 586-24 <br />PLACE: Council Chambers <br />Kailua-Kona, Hawaii <br />TIME: 9:02 a.m. <br />Council Chair and Members <br />Hawaii County Council <br />Hilo, Hawaii 96720 <br />Your Committee on Finance, to which was referred Resolution No. 586-24, reports as follows: <br />Resolution No. 586-24, transmitted by Finance Director Diane Nakagawa via Communication <br />No. 980, dated August 1, 2024, authorizes the Mayor to enter into an agreement with the Federal <br />Highway Administration and the State of Hawaii Department of Transportation pursuant to Hawaii <br />Revised Statutes Section 46-7, for a grant to the Office of Management. <br />This resolution allows for the receipt of $96,000 in federally -derived funds, which would be used to <br />promote alternative transportation options, pedestrian and bicycle safety, and introduce the community <br />to the interconnectivity provided through the Trek the Trails project. <br />Managing Director Deanna Sako appeared in the Hilo Council Chambers for questions and provided <br />details on these funds. Committee Member Susan L. K. Lee Loy asked if the $24,000 in matching funds <br />would be added to the $96,000 in federal funds, bringing the total amount to $120,000. Ms. Sako <br />confirmed. <br />Pursuant to Section 46-7 of the Hawaii Revised Statutes, the Mayor of the County of Hawaii is <br />authorized to execute, on behalf of the County, an agreement and related documents with the Federal <br />Highway Administration and the State of Hawaii Department of Transportation as indicated above. <br />Your Committee on Finance is in accord with the purpose and intent of Resolution No. 586-24, and <br />recommends its adoption. <br />1kh <br />AYES <br />NOES <br />ABS <br />EX <br />EVANS <br />X <br />GALIMBA <br />X <br />INABA <br />X <br />KAGIWADA <br />X <br />KANEALI`I-KLEINFELDER <br />X <br />KIERKIEW ICZ <br />X <br />KIMBALL <br />X <br />LEE LOY <br />X <br />VILLEGAS <br />X <br />Respectfully submitted, <br />COMM TEE ON FINANCE <br />MATT EA I`I-KLEINFELDER, <br />CHAIR <br />FC REPORT N�: �8 <br />ADOPTED: 2024 <br />