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HomeMy WebLinkAboutREP FC 134 08/16/2005 2004-2006 REPORT OF THE COMMITTEE ON FINANCE DATE: August 16, 2005 RE: Comm. No. 359Bi11 No 122 PLACE: Council Chambers TIME: 8:37 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 122, reports as follows: Bill No. 122, transmitted by Director of Finance William Takaba, via Communication No 359, dated July 11, 2005, amends Ordinance No. OS-87, as amended, the Capital Budget, ending June 30, 2006, by adding the following project: ENVIRONMENTAL MANAGEMENT: Planning for Waste Reduction Technology 1 ] 0-699-5691.50 $500,000 Funds for this project shall be provided from: General Obligation Bonds, Capital Projects Fund- $500,000 Fund Balance and/or other Sources Funds will be used for planning, engineering and environmental consulting, and preparation of a Request for Proposals for a waste reduction technology project. During its discussion, Your Committee agreed to the following amendments: 1) To add a new SEC'f10N 3 to read as follows: "This appropriation is conditioned~on the Finance Director maintaining direct and full control over the planning, engineering and environmental consulting, and preparation of a request for proposals for a waste reduction technologyproject." 2) The existing SECTION 3 will be renumbered to SECTION 4. Your Committee on Finance is in accord with the purpose and intent of Bill No. 122, as amended to Draft 2, and recommends it pass first reading. smc AYES NOES A&E EX Respectfully submitted, ARAKAKI X HIGA X COMMITTEE ON FINANCE HOFFMANN X HOLSCHUH _ X IKEDA _ X ~ 4 i`'ti ~~~~111MMM--- ISBELL X VIRG lA ISBELL, CHAIR JACOBSON X FC REPORT NO. 134 PILAGO X SAFARIK X ADOPTED: SEP ~ ~ ZOOS