HomeMy WebLinkAboutCOM 0402.000 2006-2008 *tY OIM
Harry Kim ~,c~ William Takaba
Mnyor Director
Nancy E. Crawford
~,rt • • , Depury Q~ ctor
Oi Mr
~ ~
County of Hawaii
Finance Department
25 Aupuni Street, Room I18 • Hilo, Hawaii 96720 -
(808) 961-8234 • Fax (808) 961-8248
.i
May 3, 2007
Pete Hoffmann, Chairman and
Members of the Hawaii County Council
Hawaii County Council
25 Aupuni Street
Hilo, Hawaii 96720
Re: Capital Budget
The Waikoloa Workforce Housing Project is in its initial planning and design phase. Pre-
developmentincludes planning, design, legal fees, special studies, and financial analysis that are
related to the project as a whole and to pre-formation activities of a community facilities district.
The site can potentially include up to 1,200 for-sale and rental units, and will proceed in phases
based on feasibility.
Funding of the current pre-development phase of the project will allow this phase of the project to
proceed without interruption and will reduce the burden on the potential Community Facilities
District, and ultimately the homeowners and renters within the completed development.
Enclosed is a bill for an ordinance adding the Waikoloa Workforce Housing Project Pre-
Development project for $6,000,000 to the Capital Budget.
Due to the existing Council rule governing reconsideration of legislation and because we are close
to the end of the fiscal year, we would like to request a waiver from the Finance Committee and
have this bill heard at the next Council meeting scheduled for May 16, 2007.
If there are any questions, please do not hesitate to call the Office of Housing and Community
Development.
~ rG' /~jjr .
William Taka a
Director of Finance
APPROVED:
Harry Kim
Mayor 1.~
Enc. Comm. No. /
~~r-1---"'
Ref. To: 4 2007
cc: OHCD Ref. date MAC
Hawaii County is an Equal Opportunity Provider and Employer
~3JiA100~
Form B-52
7/18/91
DEPARTMENT OF FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Housing DATE: 5/1/2007
STAFF CONTACT: Rex Jitchaku PHONE: 961-8379
A. REQUEST:
Request an amendment to the Capital Improvement Budget (Ord 06-80) to add an appropriation of
$6,000,000 for Waikoloa Workforce Housing Project Pre-development.
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
The Waikoloa Workforce Housing Project is in its initial planning and design phase. Pre-development includes
planning, design, legal fees, special studies and financial analysis that are related to the project as a whole
and to pre-formation activities of a community facilities district. The site can potentially include up to 1200 for-
sale and rental units, and will proceed in phases based on feasibility.
Funding of the current pre-development phase of the project will allow this phase of the project to proceed
without interruption and will reduce the burden on the potential Community Facilities District, and ultimately
the homeowners and renters within the completed development.
SIGNED: ~~%t/" ~ _ DATE: O.(-~o3~
7
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PETE HOFFMANN o, x~ BRENDA FORD
Chair & Presiding Officer STACY HIGA
DONALDIKEDA
K. ANGEL PILAGO BOB JACOBSON
Vice Chair 'r:R•p~ N^i~~ EMILY I. NAEOLE
DOMINIC YAGONG
J YOSHIMOTO
HAWAII COUNTY COUNCIL
County of Hawaii
Hawaii County Building
25 Aupuni Slreef
Hilo, Hawaii 96720
May 4, 2007
Pete Hoffmann, Council Chair
Council Members
Hawaii County Council
25 Aupuni Street
Hilo, Hawaii 96720
Re: Bill No. _100 An Ordinance To Amend Ordinance No. 06-79, As Amended, The
Operating Budget For The County Of Hawaii For The Fiscal Yeaz Ending June 30,2007.
Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of
Hawaii, this written request is submitted with my approval that the above-referenced matter be
waived from the Committee on Finance to the full Council for immediate action. In reviewing this
matter, timely approval is crucial. It is therefore advantageous that approval is granted and the
matter placed onto the next Council agenda for review. However, in the event this request is
denied, for whatever reason, I understand the matter shall be referred to the Committee on Finance
for placement on its future agenda.
Sinc ely,
(1~---~-
Dominic Yagong, Ch 'r
Committee on Finan e
Approv_aUDate/Waive to Council: Disapproved/Date/Refer to FC:
~ ~ ~
Pete Ho fmann, Pete Hoffmann, Chair
Hawaii Coun ounc' Hawai`i County Council
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Serving the [nterests ojthe People of Our [stand