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REPORT OF THE <br />COMMITTEE, ON FINANCE. <br />DA'I~f~:: .lulu 22. 20(13 <br />PI,ACI?: Council Chambers <br />I~IMF: 10:12 a.m. <br />Rc: Comm. No. 2RUBilI No. 126 <br />Council Chair and Members <br />1lawai'i County Council <br />Milo. I laN<ii'i 96720 <br />Your Committee on Finance, to which was referred Bill No. 126, reports as ibllows: <br />Bill No. 12G, transmitted b} Director of Finance William l~akaba, cia Communication i~o. 2R1_ <br />doted July 9, 2003. amends Ordinance No. 03-49 of the County of I lavroai' i. adopted on <br />March 25.2003, relating to d~c issuance of general obligation bonds. <br />Bill No. 126 proposes to amend the 2003 A General Obligation Bond (GOB) Ordinance No. 03- <br />49, to include reference to Ordinance No. 03-90, the Capital Improvement Program (CIF) Budget <br />fbr fiscal year 2003-04. in which certain projects mentioned in the GOB ordinance were <br />appropriated. <br />Although the bond ordinance includes projects that were appropriated in the fiscal year 2003-04 <br />CIP budget ordinance, it needs to be amended to reference the CIP budget Ordinance No. U3-90. <br />Your Committee on Finance is in accord with the purpose and intent of Bill No. 126 and <br />recommends it pass first reading. <br />~mc <br /> <br />CHDNG X <br />tiA M'ARIh X <br />ARAhAIiI X <br />N;LARIONOFF X <br />HOLSCHIiH X <br /> <br />.IACOBSON <br />X _ <br /> <br />I,EPI'H EAD-TODD <br />X _ <br />RF.Y NOId)S X <br />~rvLLR x <br />Kespccl(ully submitted <br />CUMMI~I°I~F~ai ON FINANCE. <br />AARUN S.Y. 0111ING <br />PC RFPURI~T <br />,vx~hn~:D: <br />IAIR _-- <br />III <br />G 0 6 2(ID3-- <br />