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HomeMy WebLinkAboutREP FC 004 01/03/2011 2010-2012REPORT OF THE COMMITTEE ON FINANCE DATE: January 3, 2011 Re: Comm. No. 1000 /Bill No. 323 PLACE: Sheraton Keauhou Bay Resort & Spa (2008-2010) 78 -128 `Ehukai Street Kailua -Kona, HI TIME: 11:26 a.m Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 322, reports as follows: Bill No. 323, transmitted by Director of Finance Nancy Crawford, via Communication No. 1000, dated October 29, 2010, amends Ordinance No. 10 -60, as amended, the Capital Budget, ending June 30, 2011 by adding the following project: PARKS AND RECREATION: North Kohala Recreational Facility Repairs and Upgrades (110.599.5594.69) $ 2,000,000 Funds for this appropriation increase shall be provided from General Obligation Bonds, Capital Projects Fund - Fund Balance and /or Other Sources $ 2,000,000 Parks and Recreation Park Planner James Komata and Deputy Director Clayton Honma appeared before Your Committee and provided detailed information on the following projects related to this CIP appropriation; 1) North Kohala Recreational Facilities Repairs and Upgrades; 2) Ke6kea Beach Park which has been out of service to the public since October 6, 2006 Kiholo Bay earthquake; 3) condemned grandstand structure at Kamehameha Park with a new covered spectator area serving the primary ball fields there. Pursuant to Section 10 -6(d), Hawaii County Charter, the Council may amend the Capital Budget for that year with a two- thirds vote. Your Committee on Finance is in accord with the purpose and intent of Bill No. 323, and recommends it pass first reading. Im Respectfully submitted, COMMITTEE ON FINANCE BRENDA FORD, 6HAIR FC REPORT NO. 4 ADOPTED: JAN 2 0 2011 AYES NOES A &E EX BLAS X FORD X HOFFMANN X IKEDA X ONISHI X PILAGO X SMART X YAGONG X YOSHIMOTO X Respectfully submitted, COMMITTEE ON FINANCE BRENDA FORD, 6HAIR FC REPORT NO. 4 ADOPTED: JAN 2 0 2011