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HomeMy WebLinkAboutREP FC 083 08/20/2013 (2012-2014)REPORT OF THE COMMITTEE ON FINANCE DATE: August 20, 2013 Re: Comm. No. 372/Bill No. 107 PLACE: Council Chambers Kona, Hawaii TIME: 9:10 a.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 107, reports as follows: Bill No. 107, transmitted by Finance Director Nancy Crawford, via Communication No. 372 dated July 31, 2013, amends Ordinance No. 13 -66, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2013 to June 30, 2014. The amendment is as follows: PUBLIC WORKS Waianuenue Avenue Improvements - Federal (110.388.5381.03) $ 280,000 Waianuenue Avenue Improvements - County (110.388.5381.04) $ 70,000 Funds for this appropriation increase shall be provided from: Federal Grants Receivable $ 280,000 General Obligation Bonds, Capital Projects Fund - Fund Balance and /or Other Sources $ 70,000 The proposed bill adds the Public Works, Waianuenue Avenue Improvements projects - Federal ($280,000), and — County ($70,000) for a total of $350,000 to the Capital Budget. Funds for this project shall be provided from Federal Grants Receivable ($280,000) and General Obligation Bonds, Capital Projects Fund - Fund Balance and /or Other Sources ($70,000). There was no discussion on this measure. 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. FC Report No. 83 FC -83 Page 2 August 20, 2013 Your Committee on Finance is in accord with the purpose and intent of Bill No. 107, and recommends its passage on first reading. sc Respectfully submitted, COMMITTEE ON FINANCE VALERIE T. POINDEXTER, CHAIR FC REPORT NO.: 83 ADOPTED: SFP 0 5 2013 AYES NOES A &E EX EOFF X FORD X ILAGAN X KANUHA X KERN X ONISHI X POINDEXTER X W ILLE X YOSHIMOTO X Respectfully submitted, COMMITTEE ON FINANCE VALERIE T. POINDEXTER, CHAIR FC REPORT NO.: 83 ADOPTED: SFP 0 5 2013