HomeMy WebLinkAboutREP FC 054 03/27/2013 (2012-2014)DATE: March 27, 2013
PLACE: Council Chambers
Kona, Hawaii
TIME: 5:18 p.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
REPORT OF THE
COMMITTEE ON FINANCE
Re: Comm. No. 199 /Bill No. 54
Your Committee on Finance, to which was referred Bill No. 54, reports as follows:
Bill No. 54, transmitted by Finance Director Nancy Crawford, via Communication No. 199 dated
March 8, 2013, amends Ordinance No. 11 -40 of the County of Hawaii, pertaining to the issuance of
General Obligation Bonds for the purpose of financing various public improvements projects authorized
and set forth as follows:
Project Description
Estimated Cost
Kawaihae Housing Closure
[4-, ;, A] 308,667.45
Kaloko Housing Project
[24,0", W] 3,591,332.55
Pool Drainage Covers
500,000
Puna Park — New Park Development
5,500,000
Kilcala- Ke6kea New Park Development
100,000
North Kohala Recreational Facilities Repair and Upgrade
2,000,000
Banyan Beach Parking Lot
300,000
Ka i`olani Street Extension
8,700,000
Puna Makai Alternate Roadway (PMAR)
500,000
La`aloa Extension
20,000,000
Energy Efficiency Upgrades (DPW)
4,000,000
Hawaiian Ocean View Estates Solid Waste
Transfer and Recycling Station
3,000,000
Kalaniana`ole Interceptor Sewer Rehabilitation Phase 2
6,900,000
Waimea Recycle and Transfer Station Garage
100,000
Bond Issuance Costs
500,000
Total
56,000,000
Report No. 54
FC -54 Page 2 March 27, 2013
Bill No. 54 amends Ordinance No. 11 -40, by reducing the Kawaihae Housing Closure $1,291,332.55,
and increasing the Kaloko Housing Project by the same amount.
Finance Director Nancy Crawford and Housing Director Stephen Arnett appeared before Your
Committee for questions. Mr. Arnett informed the Council Members that the Housing division
estimated $1.5 million from the closure of Kawaihae Housing. The Office of Housing and Community
Development (OHCD) received an additional $1,050,000 from Maui in HOME funds. These funds will
be used specifically for the completion of the last five buildings in Kaloko, Homes at Ulu Wini;
however, these funds have a "spend down" requirement to be appropriated by July 15, 2013. With the
re- appropriation of the $1.2 million and the $1.5 million from Maui, the Department of Housing could
do four of the five buildings. The idea, per Mr. Arnett, was to go out for the Invitation for Bid (IFB) and
do a bid for four buildings with an added alternative for the fifth building, thinking they would have
enough for the fifth building.
Ms. Wille supports Bill No. 54. She was informed by Mr. Arnett that the Homes of Ulu Wini would be
available to people who are in the 80% of the median income level, as rentals. In closing, Mr. Arnett
also provided that the OHCD will soon be coming forward to Council with a request to have Kaloko go
with a Section 8 voucher project. The voucher would stay with the unit, not the individual family.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 54, and recommends its
passage on first reading.
f 161
Respectfully submitted,
COMMITTEE ON FINANCE
VALERIE T. POINDEXTER, CHAIR
FC REPORT NO.: 54
ADOPTED:
AYES
NOES
A &E
EX
EOFF
X
FORD
X
ILAGAN
X
KANUHA
X
KERN
X
ONISHI
X
POINDEXTER
X
WILLE
X
YOSHIMOTO
X
Respectfully submitted,
COMMITTEE ON FINANCE
VALERIE T. POINDEXTER, CHAIR
FC REPORT NO.: 54
ADOPTED: