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HomeMy WebLinkAboutREP FC 183 10/16/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: October 16, 2007 Re: Comm. No. 706/Bill No. 185 PLACE: Sheraton Keauhou Bay Resort & Spa TIME: 10:32 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 185, reports as follows: Bill No. 185, transmitted by Director of Finance William Takaba, via Communication No. 706, dated October 2, 2007, amends Ordinance No. 07-83, as amended, the Capital Budget, ending June 30, 2008, by adding the following project: PARKS & RECREATION: Gilbert Carvalho Park Expansion (110.599.5592.19) $1,000,000 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund - $1,000,000 Fund Balance and/or Other Sources Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget for that year with atwo-thirds vote. Your Committee on Finance is in accord with the purpose and intent of Bill No. 185, and recommends it pass first reading. la nv$s rvoes nee ex Respectfully submitted, FORD X H?GA x COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X PILAGO x DOMINIC YAGON H vncorec x FC REPO O. 18 YOSHIMOTO X ADOPTED.