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HomeMy WebLinkAboutREP FC 172 08/02/2010 2008-2010 REPORT OF THE COMMITTEE ON FINANCE DATE: August 2, 2010 Re: Comm. No. 890 /Bill No. 276 PLACE: Councilroom TIME: 8:29 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 276, reports as follows: Bill No. 276, transmitted by Finance Director Nancy Crawford, via Communication No. 890, dated July 20, 2010, amends Ordinance No. 10 -60, as amended, the Capital Budget, ending June 30, 2011, by adding the following project: PUBLIC WORKS: Kapi`olani Street Extension (Mohouli Street to Lanikaula Street) 110.399.5395.79 $600,000 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund — Fund Balance and /or Other Sources $600,000 This project is to extend Kapi`olani Street from Mohouli Street to Lanikaula Street to enhance traffic, pedestrian, ADA, and bicycle circulation between the University of Hawai`i at Hilo and vicinity and downtown Hilo. The $600,000 appropriation is needed for the planning, survey and design portion. There was no discussion on this matter. Pursuant to Section 10 -6(d), Hawai`i County Charter, the Council may amend the Capital Budget for that year with a two - thirds vote. Your Committee on Finance is in accordance with the purpose and intent of Bill No. 276, and recommends it pass first reading. kk AYES NOES A &E EX Respectfully submitted, ENRIQUES X FORD X COMMITTEE ON FINANCE GREENWELL X HOFFMANN X IKEDA X I NAEOLE - BEASON X ONISHI X DENNIS "FRESH" ONISHI, CHAIR YAGONG X FC REPORT NO. 172 YOSHIMOTO X ADOPTED: AUG 1 8 2010