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HomeMy WebLinkAboutREP FC 162 09/05/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: September 5, 2007 Re: Comm. No. 624/Bill No. 155 PLACE: Sheraton Keauhou Bay Resort & Spa TIME: 10:23 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 155, reports as follows: Bill No. 155, transmitted by Director of Finance William Takaba, via Communication No. 624, dated August 20, 2007, amends Ordinance No. 07-83, as amended, the Capital Budget, ending June 30, 2008, by adding the following project: ENVIRONMENTAL MANAGEMENT: NAS Swimming Pool Renovations 110.599.5592.18 $250,000 Funds for this project shall be provided from: General Obligation Bonds, Capital Projects Fund - $250,000 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. Some members of Your Committee requested information regarding ownership of the pool and/or the land it sits on. Your Committee on Finance is in accord with the purpose and intent of Bill No. 155, and recommends it pass first reading. la AYES NOES A&E EX Respectfully submitted, FORD X HIGA X COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X PILAGO X DOMINIC YAGONG AI YAGONG X FC REPO NO. 162 YOSHIMOTO x ADOPTED: SEP 1 9 2~~7