Loading...
HomeMy WebLinkAboutREP FC 115 2013/12/03 (2012-2014) REPORT OF THE COMMITTEE ON FINANCE DATE: December 3, 2013 Re: Comm. No. 531/Bill No. 155 PLACE: Council Chambers Kona, Hawai`i TIME: 1:35 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 155, reports as follows: Bill No. 155, transmitted by Finance Director Nancy Crawford, via Communication No. 531 dated November 15, 2013, amends Ordinance No. 11-40 of the County of Hawai`i, 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 308,667.45 Kaloko Housing Project 3,591,332.55 [ ] P407000] Puna Park—New Park Development 5,500,000 Kikala-Kokea New Park Development 100,000 North Kohala Recreational Facilities Repair and Upgrade 2,000,000 [Banyan Beach Parking Lot] [300,000] Kapi`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 [ . . . .`- - - _ -_- . - ' _ . - . - - ] [67900704M Waimea Recycle and Transfer Station Garage 100,000 Repair/Replacement of Wastewater Facilities 2,000,000 DPW Facilities Renovation 400,000 DPW Repairs& Maintenance 2,400,000 DPW ADA Compliance 1,800,000 DPW Hazardous Materials Abatement 300,000 FC Report No. 115 FC-115 Page 2 December 3, 2013 DPW Facilities Hardening 800,000 Bond Issuance Costs 500,000 Total 56,000,000 Bill No. 155 amends Ordinance No. 11-40, by deleting the following projects: 1) Pool Drainage Covers ($500,000); 2) Banyan Beach Parking Lot ($300,000); and 3) Kalaniana`ole Interceptor Sewer Rehabilitation Phase 2 ($6.9 million). Funds would be redirected to badly needed major maintenance on wastewater and other county facilities, primarily police and fire stations, to include resolving ADA compliance issues. Finance Director Nancy Crawford and Deputy Finance Director Deanna Sako appeared before Your Committee for questions. Ms Crawford stated that some of the projects on the list are either completed, active or postponed indefinitely. She was able to inform the Council that the Banyan Beach Parking Lot project will be removed indefinitely from the list due to issues with private property and title. She also stated that the Pool Drainage Covers project and the Kalaniana`ole Interceptor Sewer Rehabilitation Phase 2 project were completed with funds from another source. Your Committee on Finance is in accord with the purpose and intent of Bill No. 155, 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 ONISHI X 1 POINDEXTER x VALERIE T. POINDEXTER, CHAIR WILLE X FC REPORT NO.: 115 YOSHIMOTO x ADOPTED: DEC 1 8 2011