HomeMy WebLinkAboutRES 331 Draft 01 1988-1992COUNTY OF HAWAII STATE OF HAWAII
RESOLUTION
BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the following amount be and
is hereby transferred/auprooriatedas set forth below:
FUND: HAWAII COUNTY HOUSI1dG FUND
AMOUNT OF
APPROPRIATION: $256,000.00
OUT AND FROM:
150-911-5912.81-341
CREDITED TO:
150-461-5462.01-371
OPERATING RESERVE CONTINGENCY -HAP
HOUSING SUBSIDIES
$256,000.00
BE IT FURTHER RESOLVED that the County Clerk be and is hereby directed and instructed to forward a
copy of this resolution to the Director of Finance and that the Director of Finance be and is hereby authorized to
make the necessary transfers in accordance with the terms of this resolution.
Dated at Hilo Hawaii, this 5th day of June. 1991
Introduced by:
S . C~N.U1.__
MEMBER
COUNTY COUNCIL
County of Hawaii
Hilo, Hawaii
I hereby certify that the foregoing RESOLUTION was by
the vote indicated to the right hereof adoptedi y 91 COUNCIL
of the County of Hawaii on June 55 y
ATTEST:
COUNTY C RK HAIRMAN & PRESI ING OFFICER
ROLL CALL VOTE
AYES NOES ABS EX
ARAKAKI X
DE LIMA
DOMINGO X
HALE
KOKUBUN X
LAI
MAKUAKANE
RUDDLE X
SCHUTTE
Reference
RESOLUTION NO. ~3~ ~~
~..~.~~~.,,, Office of Housing
~al~,~.
`~~ and Community Development
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'• ;'°~``"'~' ` ~ 50 Wailuku Drive • Hilo, Hawaii 96720 • (8081961-8379 • Fax (808) 935-4725
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May 21, 1991
TO: Helene H. Hale, Chairwoman
Finance Committee
FROM: Harry S. Ruddle, Chairman
Hawaii County Housing Agency
SUBJECT: Resolution for the Hawaii County Council
Hawaii County Housing Fund - HAP
Lorraine R Inouye
Mayor
Brian T. Nishimura
Housing Administrator
The Office of Housing and Community Development (OHCD) has
submitted a resolution transferring appropriated Hawaii County
Housing Funds from Operating Reserve Contingency - HAP of
$256,000 to Housing Subsidies. I am requesting approval to by-
pass the Finance Committee for review and allow the resolution to
be included on the Council agenda for action at its next
available meeting date.
The additional funds are required to cover an extra month of
Housing Assistance Payments. The additional month is due to a
change required by the last audit, which changed the date
payments are made to landlords. This change in accounting
procedure will cause the OHCD to make thirteen (13) payments
instead of the normal twelve (12) for this Fiscal Year.
The OHCD apologizes for the rush, however, the funds are needed
to cover payments to be made in June. The OHCD waited till the
end of the Fiscal Year to project the amount needed to cover the
shortfall. The OHCD has a new Accountant and he was not aware
that a Council Resolution was required.
HSR/lki
attach. - r2F% '' i ~
xc: Russell S. Kokubun
Brian T. Nishimura
EQUAL HOUSING OPPORTU NITV