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HomeMy WebLinkAboutREP FC 448 09/24/1991 REPORT OF THE COMMITTEE ON FINANCE Date: September 24 , 1991 Re: Comm. 2875 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 489, reports as follows : Bill 489 proposes to amend Ordinance 91-51, the Capital Improvement Budget for Fiscal Year 1991-92, by increasing the appropriation for the Kamaoa Road Safety Improvement project by $110, 000 . Funds for this appropriation increase shall be provided from the fuel tax increase proceeds . Your Committee was informed that Bill 227, as originally introduced, proposed in part to delete the appropriation $110, 000 for the South Point Road Realignment and to increase the Kamaoa Road Safety Improvement project by $110, 000 . The Finance Committee approved Bill 227 and passed it to full Council . At Council, Bill 227 was amended and (Draft 3) enacted as Ordinance No . 90-49 . However, Ordinance No. 90-49 reversed those proposed changes and kept South Point Realignment project at $110, 000 and Kamaoa Road Safety Improvement project at $17, 820 . Your Committee was informed it is the Administration' s feeling that the Kamaoa Road Safety Improvement project warrants higher priority consideration than the South Point project and therefore recommends additional funding as indicated be provided from fuel tax increase proceeds . Your Committee on Finance is in accord with the intent and purpose of Bill 489 and recommends that it pass first reading. HELENE H. HALE, CHAIRWOMAN ROBERT H. MAKUAKANE, VICE CHR. BRIAN J. i LIMA, MEMBER yit,t4 '411 TAKI SHI DOM+NGO, MEMBER MERLE/X. LAI , B ;44i .4Le Or HARRY S. UDDLE, MEMBER SPENCE* K. C REPORT No, 448 POL ADOPTED: OCT 2 1991