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HomeMy WebLinkAboutREP FC 285 10/06/1998 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: October 6, 1998 Re: Comm. No. 986Bi11 No. 296 PLACE: Councilroom TIME: 10:30 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 296, reports as follows: Bill No. 296, transmitted by Finance Director Harry Takahashi, via Communication No. 986, dated September 8, 1998, amends Ordinance No. 98-50, as amended, the Capital Budget ending June 3Q 1999, by adding the following project: PUBLIC WORKS Saddle Road/Kaumana Drive Curve Improvement $500,000 (110-399-5391.04-L15) Funds for this project shall be provided fram: General Obligation Bonds, Capital Projects Fund, Fund Balance and/or other sources $500,000 A large number of accidents along Saddle Road/Kaumana Drive have been attributed to the numerous roadway curves. Although many of the accidents may have been prevented by attentiveness to street signs and speed limits, improving the geometries and friction coefficient of the curve will reduce the risk to motorists. Your Committee on Finance is in accord with the purpose and intent of Bill No. 296 and recommends it pass first reading. Ici 1vra Nwn a&E F.X Respectfully submitted CHUNG X LEITHEAD-TODD X COMMITTEE ON FINANCE RnY X SANTANGELO X _ - SMITH X AARON S.Y. CH ,CHAIR TYLER X FC REPORT NO. 285 vACOrvc X ADOPTED: OCTL 1 1948._._ M X