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HomeMy WebLinkAboutREP FC 162 10/21/2003 2002-2004REPORT OF THE COMMITTEE ON FINANCE DATE: October 21.2003 PLACE: Council Chambers TIME: 10:00 a.m. Rc: Comm. No. 360/Bill No. 155 Council Chair and Members Hawaii County Council Milo, 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. 360. dated September 25, 2003, amends Ordinance No. 03-90, as amended, the Capital Budget, ending June 30, 2004, by adding the following project ENVIRONMENTAI, MANAGF:MEN"I': Kalaniana'ole Interceptor Sewer 1 10-699-5691.42 $1.000,000 Rehabilitation -State Revolting Funds (SRF) Funds for these projects shall be provided from SRP. last fiscal year, Ordinance No. 03-81 appropriated this project for $5,000,000 with the source of funds coming from the SRF'. An additional $1.000,000 is being appropriated as estimates received indicate that the project cost may exceed the original appropriation. Originally heard on October 7, 2003, this measure was deferred because the Environmental Management Department was viable to attend the Finance meeting. Your Committee on Finance is in accord with the purpose and intent of Bill No. 155 and recommends it pass first reading. Stl7C CHUNG X SA FARIK X ARA KAKI X F.LARIONOFF X HOLSCHUH X .IAC'OBSON X RF.VNOLDS X 1'ULANG X I'YLF.R X Respectfully submitted IT"I~EE ON FINANCk? AARON S.YICHUNG, CHPJIR PC REPORT' N~Q,..! 162 aDOP~r1:D: NOV 0 5 9003