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HomeMy WebLinkAboutREP FC 355 02/26/1991 . _... REPORT OF THE COMMITTEE ON FINANCE Date: February 26, 1991 Re: Comm. 2319 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 No. 401, reports as follows : Bill 401 proposes to amend Ordinance 90-75, the Capital Improvement Budget for Fiscal Year 1990-91, by adding the following project : Department of Parks and Recreation Palace Theater Repairs and Renovations (110-599-5592 . 63-115) $145, 000.00 Funds for the project shall be provided from: State Grants Receivable $145, 000 . 00 The Director of Finance indicated subject funds have already been received from the State and the Department of Parks and Recreation proposes using appropriation for exterior and interior renovations and improvements . Your Committee on Finance was informed that the Palace Theater project was designated by the State Legislature as a Hilo Main Street project and it is administered by the County through the Downtown Improvement Association. Your Committee also notes that, subject to approval of Bill 401, all State appropriations, a total of $445, 000 .00, have been received. Your Committee on Finance is in accord with the intent and purpose of Bill 401 and recommends that it pass first reading . --0264:::,- 1:1,40--e-0-__ HELENE H. HALE, CHAIRWOMAN /.--4 (221111 ROBER H. MAKUAKANE, VICE CHR. BRI J DE LIMA, MEM:A R q.,...,... s TA I DOMINGO, EMBER ME' 7.1"T rR t ekeUL ■,.., , , HARRY S. UDDLE, MEMBER SPENCER K. SCHUTTE, MEMBER FC REPORT NO, 355 POL ADOPTED : MAR 6 19 91