Loading...
HomeMy WebLinkAboutREP FC 070 07/07/2009 2008-2010REPORT OF THE COMMITTEE ON FINANCE DATE: July 7, 2009 PLACE: Councilroom Ben Franklin Building, 2"d Floor Hilo, Hawaii TIME: 1:53 p.m. Re: Comm. No. 414Bi11 No. 104 Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 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: 3609.61 Fund 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 II 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. Pursuant to Section 46-7 of the Hawaii Revised Statutes, and Section 13-13(b) of the Hawaii County Charter, the Mayor is already authorized to apply for, receive and expend the funds for this project identified in the Operating Budget. Your Committee on Finance is in accord with the purpose and intent of Bill No. 104 and recommends it pass first reading. awm AVES NOES A&E EX ENRIQUES X FORD X GREENWELL X HOFFMANN X IKEDA X NAEOLE X ONISHI X YACONG X YOSHIMOTO X Respectfully submitted, COMMITTEE ON FINANCE IV DENNIS "FRESH" ONISHI, CHAIR FC REPORT NO. 70 ADOPTED: