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HomeMy WebLinkAboutREP FC 085 04/03/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: Apri13, 2007 Re: Cornm. No. 260Bi11 No. 77 PLACE: Sheraton Keauhou Bay Resort & Spa 78-128 `Ehukai Street Kailua-Kona, Hawaii 96740 TIME: 1:30 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 77, reports as follows: Bill No. 77, transmitted by Director of Finance William Takaba, via Communication No. 260, dated Mazch 14, 2007, amends Ordinance No. 06-79, as amended, the Operating Budget, ending June 30, 2007. The amendment is as follows: From: 3305.23 State Grants -Product Development Program General $100,000 To: 010.161.5162.99 Product Development Program General $100,000 Pursuant to Section 46-7, of the Hawaii Revised Statutes, and Section 13-13(b), Hawaii County Chazter, the Mayor is already authorized to apply for, receive and expend the funds for the project identified in the Operating Budget. Your Committee on Finance is in accord with the purpose and intent of Bill No. 77, and recommends it pass first reading. Aves NOES A&E Ex Respectfully submitted, FORD x~cA X COMMITTEE ON FINANCE HOFFMANN J{ IKEDA J{ JACOBSON X NAEOLE X FtLACO X DOMINIC YAGON HAI YACONC X FC REPOT O. 85 YOSHIMOTO X ADOPTED: A~