HomeMy WebLinkAboutREP FC 144 11/06/2001 2000-2002 REPORT OF THE
COMMITTEE ON FINANCE
DATE: November 6, 2001 Re: Comm. No. 405Bi11 No. 127
PLACE: Council Chambers
TIME: 11:40 A.M.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Bill No. 127, reports as follows:
Bill No. 127, transmitted by Council Chair James Y. Arakaki, via Communication No. 405,
dated October 24, 2001, amends Chapter 12, Article 5, of the Hawaii County Code (1995
Edition) relating to refunding of the outstanding indebtedness of improvement districts.
This measure proposes to delete the requirement of "not more than one reading" for the Council
to promulgate a refunding ordinance. The amendment would bring the Hawaii County Code
into compliance with Section 3-10(a) of the Hawaii County Charter which provides the
ordinance shall be passed only after two readings on separate days.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 127 and
recommends it pass first reading.
smc
nvES ~voES n&E ex Respectfully submitted
C1iUNG X
PISICCHIO x COMMITTEE ON FINANCE
ARAKAKI X
ELAitI®N®FF X
JAC®~S®N X
LEIT~iEAD-T®DD X
SAFARIK X AARON S.Y. CHUNG, C AIR
TYLER X FC REPORT NO. 144
YAGONG X ADOPTED: NQV 2001