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HomeMy WebLinkAboutREP FC 321 08/26/2008 2006-2008 REPORT OF THE COMMITTEE ON FINANCE DATE: August 26, 2008 Comm. No. 1384/Bill No. 347 PLACE: Sheraton Keauhou Bay Resort & Hotel 78-128 `Ehukai Street Kailua-Kona, Hawaii TIME: 12:30 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 347, reports as follows: Bill No. 347, transmitted by Director of Finance William Takaba, via Communication No. 1384, dated August 8, 2008, amends Ordinance No. 08-79, as amended, the Capital Budget, ending June 30, 2009, by adding the following project: PARKS & RECREATION: Removal/Removal & Replacement of Hazardous Facilities 110.599.5599.11 $500,000 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund - $500,000 Fund Balance and/or Other Sources Pursuant to Section 10-6(d), Hawai`i County Charter, the Council may amend the Capital Budget for that year with a two-thirds vote. Your Committee on Finance is in accord with the purpose and intent of Bill No. 347, and recommends it pass first reading. la AVES NOES A&E Ex Respectfully submitted, FORD X HIGA x COMMITTEE ON FINANCE HOFFMANN X IKEDA X JACOBSON X NAEOLE X PILAGO X DOMINIC YAGON , H YAGONG X FC REPOR O. 321 YOSHIMOTO X ADOPTED: _SFP 1 O 2OOB