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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: March 20, 2001 Re: Comm. No. 146/Res. No. 62-01 <br /> <br /> PLACE: Council Chambers <br /> <br /> TIME: 10:30 A.M. <br /> <br /> Council Chair and Members <br /> <br /> Hawaii County Council <br /> <br /> Hilo, Hawaii 96720 <br /> <br /> Your Committee on Finance, to which was referred Resolution No. 62-01, reports as follows: <br /> <br /> Resolution No. 62-01, transmitted by Director of Finance William T. Takaba, via <br /> <br /> Communication No. 146, dated March 5, 2001, amends transfers funds as follows: <br /> <br /> From: <br /> <br /> 010-101-5101.91 Contingency Relief General $350,000 <br /> <br /> To: <br /> <br /> 010-911-5911.03 Vacation Pay General $350,000 <br /> <br /> These funds will be used to supplement the Vacation Pay account which will in turn pay <br /> employees who have ceased employment with the County and those planning to resign on or <br /> <br /> before June 30, 2001. Since there is currently $100,000 in the account, $350,000 is the balance <br /> <br /> needed for the remainder of the year. <br /> <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 62-01 <br /> and recommends its adoption. <br /> smc <br /> AYES NOES n&E ex Respectfully submitted <br /> CHUNG X <br /> PisiccH~o x COMMITTEE ON FINANCE <br /> ARAKA d X <br /> ELAR[O 'OFF X <br /> JACOBSON X L, 1 <br /> LE[THEAD-TODD X <br /> SAFARIK X AARON S.Y. CHUNG, HAIR <br /> TYLER X FC REPORT NO. 50 <br /> YAGONG X ADOPTED: <br /> f <br /> <br />