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HomeMy WebLinkAboutREP FC 074 03/18/2003 2002-2004REPORT OF THE COMMITTEE ON FINANCE DATE: March 1 R, 2003 PLACE: Council Chambers TIME: 11:35 a.m. Re: Comm. No. 162/Bill No. 67 Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on I~inance. to which was referred Bill No. 67, reports as IblloNS: Bill No. 67, transmitted by Director of I~inancc William Takaba, via Communication No.162, dated March 4, 2003, amends Ordinance No. 02-77, as amended. relating to Public Improvements and Financing thereof Rrr the Fiscal Year ,luly ?, 2002 to June 30.200;. The amendment is as follows: FROM: 3104.06 Fuel Tax Increase Highway Fund $6.OUQ_0O0 10: l~[?A ?I Projects (Federal Aidl $3,000.000 Local Road Improvements $3,00(1,000 Total $6.000.000 Fhis measure is appropriate the third increment of the fuel tax increase established h}' Resolution Nos. 192-97 and 241-98, which projected revenues are being allocated utilising the same distribution method as the second increment. ~Fhat distribution was allocated according to each district's percent of miles of local streets. Specific projects are as follows: F'UF.I. TAX PROGRAM KF.VF;NIiE APPROPRIATION INCRF.MF,NT 3 20112-2004 A-21 PROJECTS (Federal Aidl '%~ $3 000.0011 • BRIDGE PROGRAM Bridge Inspection and Appraisal Seismic Retrofit Program ~ Alii Drive Culvert Replacement ~- Kawailani Bridge Replacement • F'HWA ROAD IMPROVEMEN"~ PROGRAM Kamehameha Avenue (W'ailoa Bridge to Pauahi St.) ~ Komohana Street Widening & Extension Kuakini Highway Widening (Palani to Hualalai) ~ Mamalahoa Highway Improvements (Hualalai North) ~ Mohouli Street Improvements Puainako E.~tension • SAFE:fY IMPROVEMIiN1S Itilo Roads Guardrail & Retaining Walls Kawailani/Pohakulani/Ainaola &Kawailani/Iwalani 77affic Signals Kilauea Corridor ~fraffic Signal Upgrade Kinoole Corridor'I'raffic Signal Upgrade Palani Road Safety Improvements 1~ QCAL ROAD IMPR )V MENT ' 0°/~ 3 00 OOQ • Puna Roads (23.81%1 714.300 • South Hilo Roads (25.06%) 751.800 • North Hilo Roads (Od.59%) 137.700 • I lamakua Roads (09.19%) 275,700 • North Kohala Roads (03.85%) 115,500 • South Kohala Koads (10384%) 31 1.400 • North Kona Roads (I 1.68",~~) 350,dOp • South Kona Roads (03.07%) 92J 00 • Kau Roads X08.37`!'0) 251.100 Bruce McClure, Director of Public Works, advised Your Committee that a proposal to address the roads issue limbo in would be forthcoming. Your Committee on Pinancc is in accord with the purposes and intent of Bill No. 67 and recommends it pass first reading. smc AYI?ti VO4:F ~&Y: V{ti CHUNG X SAFARIK X ARAIiAKI X ELARIONOFF X HOLSCHUH X J.4COBSON X LEITHEAD-TODD X REYNOLDS X _ TYLER }( Respectfully submitlcd COMMITTf?G ON FINANCI_ ~~--~ AARON S.Y. CHUNG, CF IR PC RI?PORT N( 7-1 ADOi>~i eD: ~P5_0 4 ~~03