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HomeMy WebLinkAboutREP FC 094 09/17/2013 (2012-2014) REPORT OF THE COMMITTEE ON FINANCE DATE: September 17, 2013 Re: Comm. No. 418/Bill No. 127 PLACE: Council Chambers Hilo, Hawai`i TIME: 10:05 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 127, reports as follows: Bill No. 127, transmitted by Finance Director Nancy Crawford, via Communication No. 418 dated August 28, 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 Ali`i Drive Culvert Replacement - County (110.388.5386.04) $ 308,000 Funds for this appropriation increase shall be provided from: General Obligation Bonds, Capital Projects Fund - Fund Balance and/or Other Sources The proposed bill increases the Public Works, Ali`i Drive Culvert Replacement (County) project by $308,000, bringing the total of the County's portion to $758,000. There was no discussion on this matter. 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. Your Committee on Finance is in accord with the purpose and intent of Bill No. 127, and recommends its passage on first reading. sc AYES NOES A&E EX Respectfully submitted, EOFF X FORD X _ COMMITTEE ON FINANCE ILAGAN X KANUHA X KERN X _._.._.,r./.....�� � � �... ONISHI X POINDEXTER X VALERIE T. POINDEXTER, CHAIR WILLE X FC REPORT NO.: 94 YOSHIMOTO X ADOPTED: OCT 0 2 2013