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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: December 4, 2007 Re: Comm. No. 823/Res. No. 428-07 <br /> PLACE: Council Chambers <br /> TIME: 8:36 a.m. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 428-07, reports as follows: <br /> Resolution No. 428-07, transmitted jointly with Bill No. 206 by Director of Finance <br /> William Takaba, via Communication No. 823, dated November 19, 2007, accepting a monetary <br /> donation in the amount of $4,647 from HFM FBO PruTimber Fund Three, located in Vancover, <br /> Washington. HFM FBO PruTimber Fund Three is engaged in the business of timberland <br /> <br /> management in the North Hilo region of the Big Island of Hawaii, and is donating the monies to <br /> enhance the fire suppression capabilities of the volunteer fire companies in the area. The <br /> Laupahoehoe and Pa`auilo Volunteer Fire companies will equally share these funds that have <br /> <br /> been designated to purchase fire suppression equipment and supplies. <br /> <br /> Pursuant to Article 13, Section 13-12, of the Hawaii County Charter provides that the Council, <br /> <br /> on behalf of the County, may accept gifts or donations of personal property. <br /> <br /> A letter of appreciation will be sent to the HFM FBO PruTimber Fund Three, c/o Hancock <br /> Forest Management, 17700 SE Mill Plain Blvd., Suite 180, Vancouver, Washington 98683, <br /> <br /> acknowledging this generous donation. <br /> <br /> There was no discussion on this measure. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 428-07, <br /> <br /> and recommends its adoption. <br /> <br /> la <br /> noes rvoes ns~e ex Respectfully submitted, <br /> FORD X <br /> xlcA x COMMITTEE ON FINANCE <br /> HOFFMANN X <br /> IKEDA X <br /> JACOBSON X <br /> NAEOLE X <br /> PILAGO x DOMINIC YA G, R <br /> vncoNC X FC P R Q. 204 <br /> YOSHIMOTO X ADO D: <br /> <br />