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HomeMy WebLinkAboutREP FC 280 07/22/2004 2002-2004REPORT OF THE COMMITTF,E ON FINANCE DA"rE: .luly 22, 2004 PLACF,: Council Chambers TIME: 10:10 a.m. Council Chair and Members Hawaii County Council Hilo, }{awai'i 96720 Re: comm. No. 691/Bill No. 298 Your Committee on Finance, to which was referred Bill No. 298, reports as follows: Bill No. 298, transmitted by Director of Finance William Takaba, via Communication No. 691, dated July 12, 2004. amends Ordinance No. 04-75, as amended, the Capital Budget, ending June 30.2005, by adding the following project: PUBLIC WORKS: Kuakini Highway Improvements. Palani Road 110-399-5396J5 $6.000,000 to Hualalai Road -Federal Funds for these projects shall be provided from Federal grant receivable. This increases the federal funding for the Kuakini Highway improvements from Palani Road to Hualalai Road to $16.4 million. This project includes widening of Kuakini Highway within the project limits, concrete curb/gutter/sidewalk, paving, drainage improvements, retaining walls, traffic signal impro~~ements, and utility relocation. This additional appropriation is being requested to cover the anticipated construction bid amount, cost of construction engineering/management, and possible future costs such as increases in utility costs and change orders due to unforeseen conditions. Some members of Your Committee requested background information regarding the prgject and a breakdown of the anticipated construction bid amount, cost of construction engineering and possible future costs to unforeseen conditions. Information is needed prior to the next Council meeting. For informational pwposcs, Mr. Tyler voted kanalua twice. Your Committee on Finance is in accord with the purpose and intent of Bill No. 298 and recommends it pass first reading. S^lC .~YF.ti Y04:5 ,AN 4: ,AB,C CIIUNC X 5,1FA RIK X ARAKAKI X F.LARIONOF'F J( HOLSCIIUH X JACOBSON )( Rk:YNOLDS X TULANC X TYLER X Respectfully submitted CO TTEE ON FINANCE AARON S.Y. C 1NG, CI IAIR Fc REPORT rlo. ADOPTED: AU~