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HomeMy WebLinkAboutREP FC 216 01/19/2006 2004-2006 KF.PORT OF THE COMMITTEE ON FINANCE DATE: January 19, 2006 Re: Comm. No. 620/Bill No. 201 PLACE: Council Chambers TIME: 9:00 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance. to which was referred Bill No. 201, reports as follows: Bill No. 201, transmitted by Council Member Gary Safarik. via Communication No. 620, dated December 28, 2005, amends Ordinance No. OS-87, as amended, the Capital Budget, ending June 30, 2006, by adding the following project: DEPAR"fMF,NT OP WA"flat SUPPLY: Ainaloa Waterline Installation 110.599.5290.40 $750,000 Funds for this project shall be provided from: General Obligation Bonds, Capital Projects Fund- $750,000 Fund Balance and/or other Sources Funds will be used to install a waterline from State Highway 130 along Ainaloa Boulevard to Woodrow Drive in the Ainaloa Subdivision. The appropriation amount represents the construction and materials cost for installation of the waterline with fire hydrants every 600 feet and stub-outs at the lateral streets between State Highway 130 and Woodrow Drive. Your Committee heard testimony in favor to the measure from Debbra Boggs. Larry Beck from Department of Water Supply explained that the waterline that will be installed would be an adequate amount of water pressure for use of the fire hydrants. Pursuant to Section 10-6(d), 1 [awai`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. 201 and recommends it pass first reading. sine _ nv~s rvoes .use Ex Respeclfullysubmitted, ARA KAKI _ ~ ~ _ X I1ICA _ x ~ _ _ _ _ _ _ _ COMMffTEE ON FINANCE HOFFMANN _ _ X _ HOLSCHUH X ~ P IKEDA _ _ X. _ ~ ~ ~ j' ISBELL_ _ X__ ~ ~'~-Q ~ACOasoN x _ VIRUI IA ISBELL, CHAR FILACO X I~CREPORTNO. 216 sAFABIK X ADOPTF,D: FEB ~ 0- ~-?~G