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HomeMy WebLinkAboutCOM 0652.000 2006-2008 +~Y os H~ Harry Kim ~_c:~ ~ laid William Takaba Mayor Director Y „ -,Nancy E. Crawford h~ok'ir~'~~ ; J ' i, ~ , ~ Deputy Director County of Hawaii _ , Finance Department 25 Aupuni Stree[, Room 118 • Hilq Hawaii 96720 (808) 961-8234 Fax (808) 961-8248 August 29, 2007 Pete Hoffmann, Chairman and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Operating Budget Enclosed is a bill for an ordinance amending the Operating Budget by appropriating the interest income from the fund balance account of the County Housing Revolving Fund to the Kohala Ranch Project IV, Luala`i at Parker Ranch Phase II, and Wainani Estates Subdivision Phase I accounts. The funds will be maintained separately and will be expended in accordance to the requirements of their respective housing agreements. If there are any questions, please do not hesitate to call the Office of Housing and Community Development. l2j William Takaba Director of Finance APPROVED: ° V v Harry Kim Mayor Enc. Comm. No. ~ LZ cc: OHCD Ref. To: Ref. Uate SEP~____~ 4 21]11L Hawaii County is an Equal Opportunity Provider and Employer Form B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION Office of Housing & DEPARTMENT: Community Development DATE: 08/24/2007 STAFF CONTACT: Edwin S. Taira, Housing Administrator PHONE: 961-8379 A. REQUEST: The Office of Housing and Community Development (OHCD) is respectfully requesting to amend the operating budget to appropriate the interest income from the fund balance account to the individual appropriate accounts (see attached). B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): This request is submitted as a "housekeeping" measure. The funds will be maintained separately and will be expended in accordance with the requirements of their respective housing agreements. SIGNED: DATE: ~t~hTl epartment Head ' 7398bt1w Office of Housing and Community Development Housing Condition Projects Interest Income for Appropriation Account No. Descri tion Amount 154-461-5464.60-115 Kohala Ranch Pro'ect IV $11,110.75 154-461-5464.61-115 Luala'i Parker Ranch Phase II $ 1,504.54 154-461-5464.62-115 Wainani Estates, Phase I $ 239.95 Total $12,855.24 7398bt1w