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_ <br /> REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: October 2, 2007 Re: Comm. No. 681/Res. No. 344-07 <br /> <br /> PLACE: Council Chambers <br /> <br /> TIME: 11:00 a.m. <br /> <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 344-07, reports as follows: <br /> Resolution No. 344-07, transmitted jointly with Resolution No. 343-07 and Bill No. 178 by <br /> Director of Finance William Takaba, via Communication No. 681, dated September 14, 2007, <br /> authorizes the acceptance of a monetary gift of $39,567 to the Hawaii Fire Department from the <br /> Gregg Malkin Memorial Foundation, organized under the umbrella of the Daniel R. Sayre <br /> Memorial Fund. Glenn and Donna Malkin established this foundation in memory of their son, <br /> Gregg, who perished in a drowning accident, offshore of Maku`u Drive in Hawaiian Pazadise <br /> Pazk. <br /> These funds will be used to purchase water rescue equipment (valued at approximately $27,567) <br /> and to contract an instructor for the "Ropes Course III" (valued at $12,000) for the rescue <br /> personnel at the Waiakea and Kailua Stations. <br /> Pursuant to Article XIII, Section 13-12 of the Hawaii County Chazter, it provides that the <br /> Council, on behalf of the County, may accept gifts or donations of money, securities, or other <br /> personal property or real estate or any interest in real estate. <br /> A letter of appreciation will be sent to The Gregg Malkin Memorial Fund, c/o Ms. Kalei Stern, <br /> Director of Mazketing & Client Engagement, Hawaii Community Foundation, 1164 Bishop <br /> Street, Suite 800, Honolulu, Hawaii 96813, acknowledging this generous donation. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 344-07, <br /> and recommends its adoption. <br /> la <br /> Hues rvoes n&s ex Respectfully submitted, <br /> FORD X <br /> HIGA x COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA X <br /> JACOBSON X <br /> NAEOLE X <br /> PILAGO x BOB JAC ON, VICE-CHAIR <br /> vncorvc X REPORT ~I 180 <br /> YOSHIMOTO X ADOPTED: C <br /> <br />