HomeMy WebLinkAboutREP FC 019 02/06/2001 2000-2002 REPORT OF THE I
COMMITTEE ON FINANCE
DATE: February 6, 2001 Re: Comm. No. 76/Bill No. 20
PLACE: Council Chambers
TIME: 10:30 A.M.
Council Chair and Members
Hawai`i County Council
Hilo, Hawaii 96720
Your Committee on Finance,to which was referred Bill No. 20, reports as follows:
Bill No. 20, transmitted by Director of Finance William T. Takaba, via Communication No.76,
dated January 19, 2001, amends Ordinance No. 00-64, as amended, the Capital Budget ending
June 30, 2001. The amendment is'as follows:
PUBLIC WORKS:
Puainako Street Extension 110-399-5391.25-115 $22,300,000
Puainako Street Extension
(County Matching Funds) 110-399-5391.26-115 $ 5,800,000
Funds for this project(s) shall be provided from:
Federal Grants Receivable $9,500,000
General Obligation Bonds, Capital Projects Fund- $2,200,000
Fund Balance and/or Other Sources
The original appropriation of$16,400,000 is being increased by $11,700,000 to total
$28,100,000.
This is a Federal funded project. The revised cost is based on the actual bid amount received on
November 22, 2000.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 20 and
recommends it pass first reading.
smc
AYES NOES A&E EX Respectfully submitted
CHUNG X
PISICCHIO X COMMITTEE ON FINANCE
ARAKAKI X
ELARIONOFF X
JACOBSON X / r` n
LEITHEAD-TODD X
SAFARIK x AARON S.Y. CHUNG, CHAIR
TYLER X FC REPORT NO. 19
YAGONG X ADOPTED: FEB 2 2 2001