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HomeMy WebLinkAboutREP FC 276 10/08/2002 2000-2002 REPORT OF THE COMMITTEE ON FINANCE DATE: October 8, 2002 Re: Comm. No. 757/gill No. 26 PLACE: Council Chambers TIME: 10:30 a.m. Council Chair and Members Hawaii County Council Hilo, Hawai°i 96720 Your Committee on Finance, to which was referred Bill No. 26 reports as fi~llows: Bill No. 263, transmitted by Director of }~inance William Takaba, via Communication No. 757. dated September 25, 2002, amends Ordinance No. UZ-77, as amended. the Capital Budget. ending .tune 30, 2003, by adding the I~~llowing project: DEPARTMENT OF PUBLIC WORKS: Ali`i Improvement Project 1 10-399-5396.5 ~-1 15 $S.000,U0O Funds for this project shall be provided from general obligation bonds. capital pr~~jects. fund- fund balance and/or other sources. Funds will be used to improve and provide a sate .9 mile segment of A1i'i Drive that will connect the Kahului to Keauhou Parkway ti-om the north and the Mamalahoa Bypass to the south. The improvements are needed to accommodate the two new roads, which will be transformed into a major arterial highway. Some members of Your Committee were concerned that there is no CIP priority list. Your Committee on Finance is in accord with the purpose and intent of Bill No. 263 and recommends it pass first reading. smc n~Fa voFa t:z Respectfully subitiilled CHUNG X PlslccHlo x COMMITTEE ON INANCI~: ARAKAKI X ELARIONOFF X JACOBSON X LEITHEAD-TODD X sAFARIK X AARON S.Y. CHUNG. CF IR TYLER X FC REPORT NO.~~~ 276 ti~ACONG x nDOPT[:D: (1(,T 2 ~ ~gn~-__