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HomeMy WebLinkAboutREP FC 070A 08/04/2009 2008-2010REPORT OF THE COMMITTEE ON FINANCE DATE: August 4, 2009 PLACE: Councilroom Ben Franklin Building, 2"" Floor Hilo, Hawaii TIME: 9:04 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 414/Bill No. 104 Your Committee on Finance, to which was referred Bill No. 104, reports as follows: Bill No. 104, transmitted by Director of Finance Nancy Crawford, via Communication No. 414, dated June 22, 2009, amends Ordinance No. 09-64, as amended, the Operating Budget, ending June 30, 2010. The amendment is as follows: FROM 3609.61Fund Balance from Prior Year-Designated County Hsg Revolving $221.75 TO 154.461.5464.60 Kohala Ranch Project IV County Hsg Revolving $191.66 154.461.5464.61 Luala` i at Parker Ranch Phase ll County Hsg Revolving 25.95 154.461.5464.62 Wainani Estates Subdivision Phase I County Hsg Revolving 4.14 TOTAL $221.75 These funds will be maintained separately and will be expended in accordance to the requirements of their respective housing agreements. Your Committee recommended passage of Bill 104 on first reading on July 7, 2009. Items from all committee agendas for July 7, 2009 were put to a re-vote for issues of legality. The remaining history and information regarding this measure is contained within the original Finance Committee Report Number 70, dated July 7, 2009. 'there was no discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Bill No. 104 and recommends it pass first reading. /na AYES NOES A&E EX ENRIQUES X FORD X GREENWELL X HOFFMANN X IKEDA X NAEOLE X ONISHI X YAGONG X YOSHIMOTO X Respectfully submitted, COMMITTEE ON FINANCE DOMINIC YAGONG, FC REPORT NO. ADOPTED: AUG O 5 1DD9