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HomeMy WebLinkAboutREP FC 213 01/04/2006 2004-2006 REPORT OF THE COMMITTEE ON FINANCE DATE: January 4, 2006 Re: Comm_ No. 6041Bi11 No. 195 PLACE: Council Chambers TIMF,: 10:03 a.m. Council Chair and Members Hawaii County Council Hilo, I~lawai`i 96720 Your Committee on Finance. to which was referred Bill No. 195, reports as follows: Bill No. 195, transmitted jointly with Bill No. 194 by Director of Finance William Takaba, via Communication No. 604, dated December 15, 2005, amends Ordinance No. OS-87, as amended, the Capital Budget, ending June 30, 2006, by adding the following project: PUBLIC WORKS: Large Capacity Cesspool Conversions-SRF 110-199-5199.17 $5,500,000 Funds for these projects shall be provided from: State Revolving Funds (SRF) $5,500,000 The U.S. Environmental Protection Agency (EPA), on December 7, 1999, had promulgated a regulation prohibiting the construction of new large capacity cesspools, and a requirement that all large capacity cesspools must be closed or upgraded to prevent the endangerment of underground sources of drinking water. The Department of Public Works has taken the lead for the replacement of large capacity cesspools at County facilities. Results of the first five competitive bid packages, which were for ] 7 of the 103 conversion sites, was 68 percent higher than the engineer's estimate. An additional appropriation of $5,500,000 will be required to bring the balance to the engineer's revised estimate of $12,500,000. These funds will come from the State Water Pollution Control Revolving Fund (SRF) Loan. Pursuant to Section 10-6(d), Efawai`i County Charter, the Council may amend the Capital Budget for that year with atwo-thirds vote. Your Committee on Finance is in accord with the purpose and intent of Bill No. 195 and recommends it pass first reading. smc ~ _ nvES Nors a&e es Respectfully submitted, ARAKAKI X H~cA _ X COMMITTEE ON FINANCE HOFFMANN _ X HOLSCHUH _ X IKEDA X _ ~ It ` ISBELL X _ v ~ ~ACOBSON x _ _ VIR IN IA ISBELL, CHAIR PILAGO _ _ _ _ X FC REPORT NI X13 SAFARIK X ADOPTED: ~ [UUO