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HomeMy WebLinkAboutREP FC 277 07/22/2004 2002-2004REPORT OF THE COMMITTEE ON FINANCE DATE: .luly 22, 2004 Re: Comm. No. 689/Bill No. 296 PLACE: Council Chambers TIME: 10:10 a.m. Council Chair and Members Hawaii County Council Milo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 296, reports as follows: Bill No. 296, transmitted by Director of Finance William 'I'akaba, via Communication No. 296. dated July 12, 2004, amends Ordinance No. 04-75, as amended, the Capital Budget, ending ,tune 30, 2005, by adding the following project: PUBLIC WORKS: Kilauea Corridor Traffic Signal Upgrade 110-399-5395.15 $500,000 Project -Federal Funds ftir this project shall he provided from Federal grants receivable. Fhis increases the federal funding for this existing project to $2.1 million. This project consist of upgrading the signal systems at the intersections of Kilauea Avenue with Kawailani Street, Kawili Street, Mohouli Street, Aupuni Street and Kekuanao`a Street, including asphalt concrete paving, and constructing curb ramps and concrete curb/gutter/sidewalks. These additional funds are being requested to cover anticipated the construction bid amount, cost of construction engineering and possible future costs such as change orders due to unforeseen conditions. Some members of Your Committee requested a breakdown of the anticipated construction bid amount. cost of construction engineering and possible future costs to unforeseen conditions. 'phis information is needed prior to the next Council meeting. I'or informational purposes. Mr. Tyler voted kanalua twice. Your Committee on Finance is in accord with the purpose and intent of Bill No. 296 and recommends it pass first reading. smc Al"4a ~Oh:9 A&4: :ABN ceurvc x SA FARM: X ARAIiAIiI X F,LARIONOFF X HOLSCHUH X JACOBSON X REYNOLDS X TU LAN(: X TYLER X Respectfully submitted ON FINANCE AARON S.Y. CNUN( FC RF,PORT ADOPTED: