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HomeMy WebLinkAboutREP FC 122 09/08/1999 1998-2000 REPORT OF THE COMMITTEE ON FINANCE DATE: September 8, 1999 Re: Comm. No. 410/Bill No. 118 PLACE: Councilroom TIME: 10:30 A.M. Chair and Members Hawaii County Counci] Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 118, reports as follows: Bill No. 118, transmitted by Finance Director Harry Takahashi, via Communication No. 410, dated August 4, 1999, amends Ordinance No. 99-71, as amended, the Capital Budget, ending June 30, 2000, by adding the following projects: PUBLIC WORKS Highway 137 Realignment-Federal 110-399-5390.13-115 $1,500,000 Highway 137 Realignment -County 110-399-5390.14-115 500,000 Funds for this project shall be provided from: Federal Grants Receivable $1,500,000 General Obligation Bonds, Capital Projects Fund - 500,000 Fund Balance and/or Other Sources Funds will be used to realign three sections of Highway 137. This project will relocate the existing roadway further inland to prevent fixture damage from high seas. FEMA funds will be 75% of the project. Some members of Your Committee were concerned that more information was not readily available and that public input had not been solicited prior to the conception of this project. Therefore, Your Committee agreed to conduct a site visit and informational meeting for the purpose of familiarizing the Committee with the proposed realignment and to hear any comments or concerns from members of the public. Your Committee on Finance is in accord with the purpose and intent of Bill No. 118 and recommends it pass first reading. lci nyn rvce. w&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, CHAI YAGONG X FC REPORT NO. 122 ARAKAKI, E.O.M. X ADOPTED:SEP Z~-