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HomeMy WebLinkAboutREP FC 135 2014/02/18 (2012-2014) REPORT OF THE COMMITTEE ON FINANCE DATE: February 18, 2014 Re: Comm. No. 658/Bill No. 198 PLACE: Council Chambers Kona, Hawai`i TIME: 4:07 p.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 198, reports as follows: Bill No. 198, transmitted by Finance Director Nancy Crawford, via Communication No. 658 dated January 30, 2014, 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: Hokulia Bypass Road - Private $ 20,000,000 (110.388.5386.20) Funds for this appropriation increase shall be provided from: Private Contributions $ 20,000,000 The proposed bill adds the Public Works Hokulia Bypass Road—Private project for $20 million to the capital budget. Funds for this project shall be provided from Private Contributions ($20 million), and would be used for the completion of the Hokulia/Mamalahoa Highway Bypass Road from Kaleiopapa Street to and including the Napo`opo`o Road/Mamalahoa Highway intersection. This project also includes improvements on Haleki`i Street as necessary to accommodate the increased traffic. 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. 135 FC-135 Page 2 February 18, 2014 Your Committee on Finance is in accord with the purpose and intent of Bill No. 198, and recommends its passage on first reading. sc AYES NOES ABS EX Respectfully submitted, EOFF X FORD X COMMITTEE ON FINANCE ILAGAN X KANUHA X KERN X 4 ONISHI X r / ) `✓.;.- POINDEXTER X VALERIE T. POINDEXTER, CHAIR WILLE X FC REPORT NO.: 135 YOSHIMOTO X ADOPTED: MAR 0 7 2014