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HomeMy WebLinkAboutREP FC 186 2024/08/21 (2022-2024)REPORT OF THE COMMITTEE ON FINANCE DATE: August 21, 2024 Re: Comm. No. 980/Res. No. 586-24 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 9:02 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Resolution No. 586-24, reports as follows: Resolution No. 586-24, transmitted by Finance Director Diane Nakagawa via Communication No. 980, dated August 1, 2024, authorizes the Mayor to enter into an agreement with the Federal Highway Administration and the State of Hawaii Department of Transportation pursuant to Hawaii Revised Statutes Section 46-7, for a grant to the Office of Management. This resolution allows for the receipt of $96,000 in federally -derived funds, which would be used to promote alternative transportation options, pedestrian and bicycle safety, and introduce the community to the interconnectivity provided through the Trek the Trails project. Managing Director Deanna Sako appeared in the Hilo Council Chambers for questions and provided details on these funds. Committee Member Susan L. K. Lee Loy asked if the $24,000 in matching funds would be added to the $96,000 in federal funds, bringing the total amount to $120,000. Ms. Sako confirmed. Pursuant to Section 46-7 of the Hawaii Revised Statutes, the Mayor of the County of Hawaii is authorized to execute, on behalf of the County, an agreement and related documents with the Federal Highway Administration and the State of Hawaii Department of Transportation as indicated above. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 586-24, and recommends its adoption. 1kh AYES NOES ABS EX EVANS X GALIMBA X INABA X KAGIWADA X KANEALI`I-KLEINFELDER X KIERKIEW ICZ X KIMBALL X LEE LOY X VILLEGAS X Respectfully submitted, COMM TEE ON FINANCE MATT EA I`I-KLEINFELDER, CHAIR FC REPORT N�: �8 ADOPTED: 2024