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HomeMy WebLinkAboutREP FC 056 03/15/2005 2004-2006 REPORT OF THE COMMITTEE ON FINANCE DA"FE: March 15, ?005 Re: Comm. No. 144/Bill No. 48 PLACE: Council Chambers TIME: 10:18 a.m. Counci] Chair and Members Hawaii County Council Hilo. Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 48, reports as follows: Bill No. 48, transmitted by Director of Finance William Takaba, via Communication No. 144. dated March 2, 2005, amends Ordinance No. 04-75, as amended, the capital budget, ending June 30, 2005, by adding the following project: ENVIRONMENTAL MANAGEMENT: Queen Lili'uokalani Large Capacity 110-699-5697.88 $500,000 Cesspool Replacement Funds for this project shall be provided from: General Obligation Bonds, Capital Projects Fund- $500,000 Fund Balance and/or other Sources This appropriation is to increase the existing project s appropriation for the design in order to connect the Queen Li]i'uokalani Subdivision, which is currently serviced by large capacity cesspools, to the County sewer system via Kealaka`a Street and Kealakehe Parkway. Pursuant to Section 10-6(d), f Iawai'i County Charter, the council may amend the capital budget for that year with atwo-thirds vote. There was no discussion on this measure. Your Committee ou Finance is in accord with the purpose and intent of Bill No. 48 and recommends it pass first reading. smc Hues Nora .~tt~r: r:x Respectfully submitted, ARAKAKI X HICA x COMMITTEE ON FINANCE HOFFMANN X _ HOLSCHUII X IKEDA X ~ ~ - - ~fI ISBELL - X - ~ I ~,~.~~r-,~._ `'~_~-,~t- ,~-t. L~ ~ACOBSON x _ VIRG IA ISBELL, CHAIR PIt.ACO X FC RF,PORT NO. 56 SAFARIK X ADOPTED: APR~~