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HomeMy WebLinkAboutREP FC 197 01/31/2012 2010-2012REPORT OF THE COMMITTEE ON FINANCE DATE: January 31, 2012 PLACE: Council Chambers Hilo, Hawaii TIME: 8:33 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 541/Bill 176 Your Committee on Finance, to which was referred Bill 176, reports as follows: Bill 176, transmitted by Finance Director Nancy Crawford via Communication No. 541, dated January 12, 2012, amends Ordinance No. 11-60, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2011 to June 30, 2012, by adding the following projects: PUBLIC WORKS: Reed's Island Bridge Structural Rehabilitation - Federal (110.399.5395.98) $ 5,046,000 Reed's Island Bridge Structural Rehabilitation — County $ 1,262,000 (110.399.5395.99) Funds for this appropriation increase shall be provided from: Federal Grants Receivable $ 5,046,000 General Obligation Bonds, Capital Projects Fund — Fund Balance and/or other Sources $ 1,262,000 This proposed bill adds the project titled "Reed's Island Bridge Structural Rehabilitation", and appropriating $6,308,000 to the Capital Budget of which $5,046,000 is provided by federal funding sources, and $1,262,000 by the County. The Department of Public Works indicates that the Reed's Island Rehabilitation project is intended to strengthen the bridge to meet current truck and lateral seismic design loads as prescribed by the Federal Highway Administration (FHWA). The existing wooden bridge deck will be replaced by a combination of wide -flanged steel beams and structural grating deck. Concrete rock anchors and micropiles will be installed beneath the existing bridge foundation and abutments to strengthen and increase vertical and horizontal load resistance capacity. Lateral structural steel bracing members will be installed to enable the bridge to resist earthquake design forces. Additionally, special steel coatings and hot dip galvanizing will be applied to the structural steel members to protect and extend service life. Pursuant to Section 10-6(d), Hawai'i County Charter, the Council may amend the Capital Budget for this fiscal year by a two-thirds vote. FC Report No. 197