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HomeMy WebLinkAboutREP FC 143 08/21/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: August 21, 2007 Re: Comm. No. 585Bi11 No. 142 PLACE: Council Chambers, Ben Franklin Bldg. TIME: 3:08 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 142, reports as follows: Bill No. 142, transmitted by Director of Finance William Takaba, via Communication No. 585 dated July 30, 2007 ,amends Ordinance No. 07-83, as amended, the Capital Budget, ending June 30, 2008, by adding the following project: ENVIRONMENTAL MANAGEMENT: North Kona Sewer -County (110.699.5696.11) [$500,000] $3,960,000 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund - $3,460,000 Fund Balance and/or other Sources 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. 142, and recommends it pass first reading. la Hues noes A&e ex Respectfully submitted, FORD X xlcA X COMMITTEE ON FINANCE HOFFMANN X IKEDA X / JACOBSON X NAEOLE X PILAGO x DOMINIC YAGO , rncoNC X FC REP N 143 YOSHIMOTO X ADOPTS SEP O 2~