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HomeMy WebLinkAboutREP FC 277 11/20/2012 2010-2012REPORT OF THE COMMITTEE ON FINANCE DATE: November 20, 2012 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 11:08 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Re: Comm. No. 868.2/Bill No. 313, (Draft 2) Your Committee on Finance, to which was referred Bill No. 313, Draft 2, reports as follows: Bill No. 313, Draft 2, transmitted by Council Member Donald Ikeda via Communication No. 868.2, dated November 9, 2012, amends Ordinance No. 12-87, as amended, relating to Public Improvements and Financing thereof for the Fiscal Year July 1, 2012 to June 30, 2013. This bill adds the Public Works, Multi -Purpose Event Center project for $500,000 to the Capital Budget. This project will provide for a large capacity multi-purpose center capable of holding large events. DEPARTMENT OF PUBLIC WORKS: Multi -Purpose Event Center $ 500,000 (110.199.5191.52) Funds for this project shall be provided from: General Obligation Bonds, Capital Projects Fund -Fund Balance and/or Other Sources $ 500,000 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. This matter was postponed on October 16, 2012 and November 8, 2012. A proposed amendment was transmitted via Communication 868.1 by Council Member Donald Ikeda, dated October 15, 2012. The amendment was approved unanimously. Mr. Ikeda stated the need for larger facilities in Hilo due to annual Merrie Monarch, graduations, et cetera. The Afook Chinen Hilo Civic Center is unable to accommodate these events and its large number of people in attendance. Council Member Ikeda wanted to reiterate that adding this project to the CIP list is only a "wish list" and does not mean that the project will get funded for the next budget cycle. Council Member Ford expressed concern with Bill No. 313, stating that during these prudent fiscal times, all projects that are not related to public health and safety should not be supported. She further stated that West Hawaii does not have any large capacity multi-purpose center. FC Report No. 277