Loading...
HomeMy WebLinkAboutREP FC 200 12/06/2005 2004-2006 REPORT OF THE COMMITTEE ON FINANCE DATE: December 6, 2005 Re: Convn. No. 559/Bill No. 1 R2 PLACE: Sheraton Keauhou Bay Resort and Spa 78-128'Ehukai Street Kailua-Kona, 1{awai'i 'DIME: 9:00 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was rei'erred Bill No. 182, reports as follows: Bill No. 182, transmitted by Director of Finance William Takaba, via Communication No. 559, dated November 14, 2005, amends Ordinance No. OS-87, as amended, the Capital Budget, ending .tune 30.2006, by adding the fiollowing project: PUBLIC WORKS: Left-Turn Pocket at Palani .lunclion 110.399.5397.1 1 $300,000 Elementary School Funds fior these projects shall be provided from: General Obligation Bonds, Capital Projects Fund- $300,000 Fund Balance and/or other tiources This Project, initially appropriated at $1,000,000 within the Approved FY2004-OS Capital Budget Ordinance No. 04-75, is in need of this supplemental appropriation as the apparent low bid is slightly higher than what was originally estimated. This project involves the design and construction of a left turn pocket on Route 190 to channel the traffic turning into Route 180 and it should improve the movement of traffic through this intersection- Pursuant to Section I0-6(d). Hawaii County Charter, the Council may amend the Capital Budget for that year with a hvo-thirds vote. Your Committee heard testimony in favor to the measure from Eaizabeth Meyerson. Your Committee on Finance is in accord with the purpose and intent ofi Bill No. 182 and recommends it pass first reading. smc ~t~rs curs n~u: h:x Respectfully submitted, ARC AKAKI X_ u1cA _ x _ _ _ COMMI"I°I'EE ON FINANCC HOFFMANN _ X _ _ HOLSCHUH _ X_-- - - f 1 IKEDA X I - ` 1 ISBF.LL X ~Aa,_~_ ~ACOSSON x _ _ VIRGI In ISBELL, CIIAIR P11,AC0 X ~ FC REPORT NO.~c_ 200 tiAFARIK _ ~ _ X ADOPTED; DEI. 21 7nn5