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HomeMy WebLinkAboutREP FC 059 02/21/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: February 21, 2007 Re: Comm. No. 169Bi11 No. 46 PLACE: Sheraton Keauhou Bay Resort & Spa 78-128 `Ehukai Street Kailua-Kona, Hawaii TIME: 2:03 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 45, reports as follows: Bill No. 46, transmitted by Director of Finance William Takaba, via Communication No. 169, dated February 5, 2007, amends Ordinance No. 06-80, as amended, the Capital Budget, ending June 30, 2007, by adding the following project: ENVIRONMENTAL MANAGEMENT: North Kona Sewer -County of Hawaii 110.699.5696.01 $ 466,000 North Kona Sewer- SRF 110.699.5691.02 $3,104,000 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund - Fund Balance and/or other Sources $ 466,000 State Revolving Funds (SRF) $3,104,000 Pursuant to Section 10-6(d), Hawai`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. 46 and recommends it pass first reading. la Avss rvoes A&E Ex Respectfully submitted, FORD X HIGA x COMMITTEE ON FINANCE HOFFMANN X HCEDA X \ JACOBSON X NAEOLE X PILAGO x DOMINIC YAGON , YAGONG X FC REPOR O. 59 YOSHIMOTO x ADOPTED: MAR ~ Q 7(101