HomeMy WebLinkAboutREP FC 323 08/26/2008 2006-2008
REPORT OF THE
COMMITTEE ON FINANCE
DATE: August 26, 2008 Re: Comm. No. 1387/13ill No. 349
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. 349, reports as follows:
Bill No. 349, transmitted by Director of Finance William Takaba, via Communication No. 1387, dated
August 14, 2008, amends Ordinance No. 08-79, as amended, the Capital Budget, ending June 30, 2009,
by adding the following project:
PUBLIC WORKS:
Hawaii County Building Improvements 110.199.5199.43 [$3,522,000] $5,500,000
Funds for this appropriation increase shall be provided from:
General Obligation Bonds, Capital Projects Fund - $1,978,000
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. 349, and recommends it
pass first reading.
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AYES NOES A&E EX Respectfully submitted,
FORD X
HIGA x COMMITTEE ON FINANCE
HOFFMANN X
IKEDA X
JACOBSON X
NAEOLE X G`-
PILAGO x DOMINIC YAGONG HA
YAGONG X FC REPOR O. 323
YOSHIMOTO X ADOPTED: SEP 1 0 2008