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HomeMy WebLinkAboutREP FC 060 02/21/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: February 21, 2007 Re: Comm. No. 169Bi11 No. 47 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. 47, reports as follows: Bill No. 47, 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 Effluent Reuse Upgrade -County 110.699.5696.03 $ 546,000 North Kona Effluent Reuse Upgrade - SRF 110.699.5691.04 $3,643,000 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund - Fund Balance and/or other Sources $ 546,000 State Revolving Funds (SRF) $3,643,000 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. 47 and recommends it pass first reading. la AYes noes n&e ex Respectfully submitted, FORD X RIGA X COMMITTEE ON FINANCE HOFFMANN X jj~~ IKEDA X 1 \ JACOBSON X \ 1 NAEOLE X ~y`~'~~ PILAGO x DOMINIC YAGONG YAGONG X FC REPOR O. 60 YOSHIMOTO X ADOPTED: AR 2QQI