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HomeMy WebLinkAboutREP FC 159 11/04/1997 1996-1998 REPORT OF THE COMMITTEE ON FINANCE DATE: November 4, 1997 Re: Comm. No. 540/Bill No. 153 PLACE: Councilroom TIME: 2:00 P.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 153, reports as follows: Bill No. 153, transmitted jointly with Bill No. 154 by Finance Director Harry Takahashi, via Communication No. 540, dated October 10, 1997, amends Ordinance No. 97-82, as amended, the Capital Budget ending June 30, 1998, by adding the following project: PUBLIC WORKS Disappearing Sands Sewage Pump Station - SRF $1,000,000 110-699-5697,6]-115 Funds for this project shall be provided from: State Revolving Funds -SRF $1,000,000 In addition, Bill No. 154 authorizes the issuance of $1M in general obligation bonds for this project. Your Committee on Finance is in accord with the purpose and intent of Bill No. 153 and recommends it pass first reading. Ikc Ayes Noes A&E EX CHUNG X Respectfully submitted LEITHEAD-TODD X COMMITTEE ON FINANCE RAY X ~ SANTANGELO X " ~i. SMITH X TYLER X AARON .Y. CHUNG CHAIR YncoNG X FC REPORT O. 159 ARAKAKI. ~o.mt. ADOPTED: NOV 1 9 1997