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HomeMy WebLinkAboutREP FC 083 05/04/1999 1998-2000 REPORT OF THE COMMITTEE ON FINANCE DATE: May 4, 1999 Re: Comm. No. 186/Bill No. 49 PLACE: Councilroom TIME: 11:30 A.M. Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 49, reports as follows: Bill No. 49, transmitted jointly with Resolution No. 58-99 by Finance Director Harry Takahashi, via Communication No. 186, dated February 23, 1999, amends Ordinance No. 98-49, as amended, the Operating Budget ending June 30, 1999. The amendment is as follows: From: 3302.25 Federal Grants -Econ Dev Tech Assist General $45,000 To: 010-161-5162.96-115 Econ Dev Tech Assist-Fed General $45,000 The Department of Research and Development has received an award of $45,000 for implementing Phase 2 of the Ka`u Economic Development Plan. The Economic Development Administration had previously funded a study following the closing of Ka`u Sugar. It now wishes to implement the recommendations of Decisions Analysts Hawaii, Inc. Originally heard on March 16, 1999, this measure was deferred until today's meeting pending further information. Your Committee on Finance is in accord with the purpose and intent of Bill No. 49 and recommends it pass first reading. lci Aye, rvoea A&e ex Respectfully submitted CHUNG X ELARIONOFF x COMMITTEE ON FINANCE JACOBSON X LEITHEAD-TODD X PISICCHIO X SMITH X TvLER X AARON S.Y. CHUNG, CH IR YAGONG X FC REPORT NO. 83 ARAKAKI, E.O.M. - ADOPTED: M!Y 2 S 19991J99