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HomeMy WebLinkAboutREP FC 254 08/28/2002 2000-2002 REPORT OF TI-IE COMMITTEE ON FINANCE DATE: August 13, 2002 Re: Comm. No. 704/Bill Nu. 250 PLACE: Council Chambers TIME: 10:25 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance. to which was referred Bill No. 250. reports as follows: Bill No. 250, transmitted by Director of Finance William 'Takaba, via ComlllUnlcatl011 No. 704, dated July 22, 2002, amends Ordinance No. 02-77, as amended, the Capital Budget. ending ,Tune 30, 2003, by adding the following project: PUBLIC WORKS: Pohakealani Road Culvert 1 10-399-5393.51 $200.000 Funds for this project shall be provided from general obligation bonds, capital projects, fund- fund balance and/or other sources. Funds will be used to construct a culvert under Pohakealani Road in Pohakea Homesteads. The existing road fords an unnamed intermittent natural drainage way. Occasionally, heavy rains create flows across the road that cannot be crossed. Because Pohakealani Road is the only route to some homes, families are sometimes separated from their homcs or from each other f or one or two days. This project will greatly reduce the number of these kinds of occurrences. Some members of Your Committee questioned the lack of a known funding source. For informational purposes. Mr. Tyler voted kanalua twice. Your Committee on Finance is in accord with the purpose and intent of E3ill No. 25U and recommends it pass first reading. smc »~HS vots »t: ~~:x Respectfully submitted CHUNG X PlslccHlo x COMMITTEE ON FINANCE, ARAKAKI X ELARIONOFF X JACOBSON X LEITHEAD-TODD X SAFARIK x AARON S.Y. CHLING. CH R TYLER X FC RI~PORT NO. 254_