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HomeMy WebLinkAboutREP FC 164 09/05/2007 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: September 5, 2007 Re: Comm. No. 626Bi11 No. 157 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 refereed Bill No. 157, reports as follows: Bill No. 157, transmitted by Director of Finance William Takaba, via Communication No. 626, dated August 21, 2007, amends Ordinance No. 07-83, as amended, the Capital Budget, ending June 30, 2008, by adding the following project: ENVIRONMENTAL MANAGEMENT: Kealakehe Wastewater Treatment Plant [$600,000] $4,600,000 Sludge Removal -County 110.699.5696.08 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund - $4,000,000 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. 157, and recommends it pass first reading. la Aver Noes A& ex Respectfully submitted, e FORD X xtcA X COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X PILAGO X DOMINIC YAGON H YAGONG X FC REPO O. 64 YOSHIMOTO X ADOPTED: SEP ~ 9 2001