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HomeMy WebLinkAboutREP FC 278 09/15/1998 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: September 15, 1998 Re: Comm. No. 971/Bill No. 288 PLACE: CounciUoom TIME: 11:45 A.M. Chair and Members Hawaii County_ Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 288, reports as follows: Bill No. 288, transmitted by Finance llirector Hany Takahashi, via Communication No. 971, dated September 2, 1998, amends Ordinance No. 98-SQ, as amended, the Capital Budget ending June 30, 1999, by increasing the following appropriation: PUBLIC WORKS Opea/Mamalahoa Bridge Replacement [$141,000] $156,000 (110-399-5393.31-115) Funds for this appropriation increase shall be provided from: General Obligation Bonds. Capital Projects Pund, Fund Balance and/or Other Sources $15.000 The additional funds are required duc to the complexity of various aspects of the project. Your Committee on Finance is in accord with the purpose and intent of Bill No. 288,and recommends it pass first reading. ]ci Aya roe. nse ex Respectfully submitted CHUNG X LEITHF,AD-TODD g CO MITTE~ FINANCE IiAY X saNTancELO a srv[rtx g AARON S.Y. CHUNG, C IR TYLER g FC REPORT NO. 278 YAGONG ~ ADOPTED: O ~9~ ARAKAKL EO.M. Y