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HomeMy WebLinkAboutREP FC 008 01/05/1999 1998-2000 REPORT OF THE COMMITTEE ON FINANCE DATE: January 5, 1999 Re: Comm. No. 6Bi11 No. 3 PLACE: Councilroom TIME: 10:45 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 3, reports as follows: Bill No. 3, transmitted by Finance Director Harry Takahashi, via Communication No. 6, dated November 23, 1998, amends Ordinance No. 98-50, as amended, the Capital Budget ending June 3Q 1998, by adding the following project: PUBLIC WORKS Saddle Road Climbing Lane (110-399-5393.33-115) $3,300,000 Funds for these appropriations shall be provided from: General Obligations Bonds, Capital Projects Fund, Fund Balance and/or other Sources $3,300,000 This project is for the planning, designing and constructing of 3 miles of a new climbing lane between MP 24 and MP 28 to allow vehicles to safely pass slow moving vehicles without entering the oncoming traffic lane. Members of Your Committee expressed concerns in regard to public safety, viable federal funding, and any impact this measure would have in relation to the proposed Puainako Street Extension. Some members felt more information was necessary prior to approving said measure. A motion to approve Bill No. 3 failed as indicated by the votes below. Your Committee on Finance is not in accord with the purpose and intent of Bill No. 3 and recommends it be filed. Ici nye. rven w&e ex Respectfully submitted CHUNG X ELARINOFF X CO ITTE N FINANCE JACOBSON X LEITHEAD-TODD X PISICCHIO x AARON S.Y. CH[~JNG, C IR SMITH X TYLEB X FC REPORT NO. 8 vAGONG X ADOPTED: JAN 1 9 1999 ARAKAKI, E.O.M.