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HomeMy WebLinkAboutREP FC 019 12/20/2004 2004-2006 REPORT OF THE COMMITTEE ON FINANCE DATE: December 20, 2004 Re: Comm. No. 36/Bill No. 14 PLACE: Council Chambers TIME: 10:05 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 14, reports as follows: Bill No. 14, transmitted by Director of Finance William Takaba, via Communication No. 36, dated December 6, 2004, amends Ordinance No. 04-75, as amended, the Capital Budget, ending June 30, 2005, by increasing the following project: PARKS AND RECREATION: Lifeguard Towers/Stands Upgrade 110-599-5599.54 [$100,000] $146,500 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund- $ 46,500 Fund Balance and/or other Sources. Former District 2 Council Member Mike Tulang had generously assigned discretionary fund monies to assist in implementing the upgrade and replacement of lifeguard towers/stands at County of Hawai`i's beach parks. These additional funds, bringing the total appropriation to $146,500, will augment the current allotment to ensure adequate facilities are afforded to County of Hawaii lifeguards to surveil and monitor safe recreational use of the beach parks by the public. Bill No. 14, Draft 2, transmitted by Director of Finance William Takaba, via Communication No. 36.1, dated December 10, 2004, decreases the amount of the appropriation from $46,500 to $36,500 for the Lifeguard Towers/Stands Upgrade project. As the amount of discretionary fund monies that former District 2 Council Member Mike Tulang had assigned to this project was $36,500. Your Committee did not entertain further discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Bill No. 14, as amended to Draft 2, and recommends it pass first reading. smc AVSS NOES A&E EX Respectfully submitted ISBELL X sAFARIK x COMMITTEF, ON FINANCE ARAKAKI X HIGA X HOFFMANN X HOLSCHUH X IKEnA X VIRG IA ISBELL, CHAIR .IACOSSON X FC REPORT NO. 19 PILACO x AoOPTED: JAN 0 5 2005