HomeMy WebLinkAboutREP FC 127 07/09/2007 2006-2008 REPORT OF THE
COMMITTEE ON FINANCE
DATE: July 9, 2008 Re: Comm. No. 505/Bill No. 122
PLACE: Council Chambers
TIME: 9:41 a.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Bill No. 122, reports as follows:
Bill No. 122, transmitted by Duector of Finance William Takaba, via Communication No. 505, dated
June 28, 2007, amends Ordinance No. 07-83, as amended, the Operating Budget, ending
June 30, 2008. The amendment is as follows:
From:
110.499.5494.09 Housing & Community Development General $34,000,000
Waikoloa Workforce Housing Project
To:
General Obligation Bonds, Capital General $34,000,000
Projects Fund -Fund Balance
andlor other Sources
Pursuant to Section 46-7, of the Hawaii Revised Statutes, and Section 13-13(b), Hawaii County
Charter, 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. 122, and recommends
it pass first reading.
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