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HomeMy WebLinkAboutREP FC 331 01/22/1991 = =� REPORT OF THE COMMITTEE ON FINANCE Date: January 22, 1991 Re: Comm. 2230 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 388, reports as follows : Bill 388 proposes to establish an appropriation of $15,293 .36 to the Ahualani Park improvement project in the Park Dedication Fund. Funds for this appropriation shall be provided from the Fund Balance From Previous Year . Ordinance 88-186 initially appropriated $99 , 676 for the Ahualani Park improvements which included the construction of a restroom, sidewalk, baseball backstop, soccer goal posts, landscaping and a sign. Expenditures for plans and design have already amounted to $4 , 680, leaving a balance of $94, 996 . Your Committee is aware that a low bid of $131, 103 was received. Your Committee is further aware that the $15, 293 .36 is the accrued interest that has accumulated. In order to proceed with the project, the Administration is planning to reduce the scope of the project. Your Committee received a second draft to Bill 388 proposing to increase the appropriation to $20,496 .49, an increase of $5, 203 . 13 . With the increase, the project is still short of the full appropriation. As such, the following has been eliminated from the project scope: Baseball backstop $15, 000 Landscaping 2, 600 Project Sign 500 The Administration is hopeful that some community involvement could allow for more of the project to be completed. The master plan for the Ahualani Park also includes an outdoor basketball court, tennis court and on-site parking. Your Committee concurred with the increase in the appropriation as presented in Draft 2 and has amended Bill 388 accordingly. FC REPORT No, 331 ADOPTED: FEB 6 1991 FC- 331 Page 2 January 21, 1991 Your Committee on Finance concurs with the intent and purpose of Bill 388, Draft 2, and recommends that it pass first reading . - 44/(---e-C1/1:4;--- HELENE H. HALE, CHAIRWOMAN / x '' r?1■7-./r-9,t i/L-...... ROBERT H. MAKUAKANE, VICE CHR. BRIAN J1 DE LIMA, MEMBER lt % a ' L.._.....L1'' l ., TA . . HI DOMINGO MEMBER 1 MERL- K. LAI, MEMBE _ _....milwar 1 (L4'414---- ..% HARRY S. OIDDLE, MEMBER SPENCER K. SCHUTTE, MEMBER LA/HAT