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HomeMy WebLinkAboutREP FC 548 04/21/1992 REPORT OF THE COMMITTEE ON FINANCE Date: April 21, 1992 Re: Comm. 3571 Place: Councilroom - Time: 10 : 00 a .m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 607, reports as follows : The purpose of Bill 607 is to amend Ordinance No . 91-51, the Capital Improvement Budget for fiscal year 1991-92, by adding the following project : PUBLIC WORKS Iwalani Street Resurfacing - Federal $167, 994 (110-399-5391. 57-115) Comm. No. 3571, from Finance Director William Takaba, dated March 27, 1992, submits Bill 607 to amend Ordinance 91-51, Relating to Public Improvements and Financing Thereof , by adding the Iwalani Street Resurfacing Project . $167, 994 for this project shall be provided from a Federal grant . Comm. No . 3571 transmits departmental justification for review. Your Committee questioned Chief Engineer Bruce McClure as to why this road qualifies for Federal funding and what other streets qualify so planning can be done in order to use these funds . Your Committee learned that there is a map of the road systems of the island on which Iwalani Street and Akolea Road are designated as major arterials in the urban system and qualify for Federal funding . Your Committee on Finance is in accord with the intent and purpose of Bill 607 and recommends that it pass first reading . • - - e__, H LENS H. HALE, C. , 'WO iti, a:- riiiiF ROB RT H. MA UAKANE` VICE CHR. BRIAN J D LI , ,y ' "k :ER x110 TA SHI DOMI GO ME BER > ' r ME =ER S HARRY S. UDDLE, MEMBER SPEN rR K. S( HUTTE, MEMBER EJT FC REPORT NO. 548 ADOPTED: -MAY 6 1992