HomeMy WebLinkAboutREP FC 036 02/15/2005 2004-2006 REPORT OF THE
COMMITTEE ON FINANCE
DATE: February 15.2005 Re: Comm. No. A7/Bill 28
PLACE: Council Chambers
TIME: 900 a.m.
Council Chair Safarik and Members
Hawaii County Council
Hilo_ Hawaii 96720
Your Committee on Finance, to which was referred Bill No. 28, reports as follows:
Bill No. 28, transmitted by Director of Finance William Takaba, via Communication No. 87, dated
.Ianuary 24, 2005, amends Ordinance No. 04-75, as amended, the capital budget, ending June 30, 2005, by
adding the following project:
PUBLIC WORKS:
Coupe Condemnation 110-399-5396.95 $300,000
Funds for these projects shall be provided from:
General Obligation Bonds, Capital Projects Fund- $300.000
Fund Balance and/or other Sources
Funds will be used for the acquisition of the 3348-acre parcel to complete the alignment tier the
Mamalahoa Bypass Highway.
On January 23. 2003, the Hawaii County Council adopted Resolution 31-03, Draft 2.litlcd "Authorising
the Acquisition of Private Property by Eminent Domain, Being a Portion of Tax Map Key: (3) 8-1-
007:045_ Situate at Onouli 2 and Keopuka, Soulh Kona, County and State of Hawai' i, Ibr the
Development and Construction of a Bypass f Iighway between the Vicinity of Keauhou and Captain
Cook, Kona, Hawaii". The condemnation and acquisition of this parcel of land are needed i'or the
construction and development of a road intended to bypass the Mamalahoa Highway.
Pursuant to Section 10-6(d), Hawai'i County Charter, the council may amend the capital hudget for that
year with atwo-thirds vote.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 28 and recommends it
pass first reading.
smc
nsrs Hors nsr: rs Respectfully submitted,
A RAKAKI X _ _
RICA X COMMITTEE ON FINANCI?
HOF'F'MANN X _
HOLSCHUH X _
IKF,DA X
.IACOasoN x VIRC NIA ISBELL, CHAR
ru,ACO X FC REPORT NO. ;6
SAFARIK X ADOPI'FU: M~