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HomeMy WebLinkAboutCOM 0186.000 1998-2000 OJ~YY OF M~~1 Stephen K. Yamashiro \~L/~•' Harry A. Takahashi Mayor r ? Director or e,• S. K. Schutte art' •OFYMFYI Duty ~ountp of ~abnaii DEPARTMENT OF FINANCE 25 Aupuni Street, Room 118 Hilo, Hawaii 96720-4252 (808)961-8234 Faz (808)961-8248 ' February 23, 1999 Honorable James Arakaki, Chairperson and Members of the County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Operating Budget The Department of Research 8v Development has received an award of $45,000 for implementing Phase 2 of the Ka'u Economic Development Plan. The Economic Development Administration had previously funded a study following the closing of Ka'u Sugar. It now wishes to implement the recommendations of Decision Analysts Hawaii, Inc. Enclosed is a bill for an ordinance appropriating said $45,000. Also enclosed is a resolution authorizing the Mayor to enter into an agreement with EDA. If there are any questions, please do not hesitate to call the Department of R search 85 D velopment. Harry A. T ahashi Director of Finance APPROVED: ephen `tJ` Yashiro Mayor Encs. ?3,1I =f7 / Comm. Na ~ 10 File No. FN D p p R Ref. To: F G Ref. Date_h1AQ 19~ ~ Form 8-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR. COUNCIL ACTION DEPARTMENT: Research and Development DATE: 2/22/99 STAFF CONTACT: Howard Nakamura PHONE: 9F,1 -RaOF A. REQUEST• 1. To authorize Mayor to enter into an agreement and accept funding from Economic Development Admin. (EDAI for the purpose of implementing Phase 2 of the Ka'u Economic Development Plan. 2. To appropriate funding from EDA through an ordinance amendment for fiscal year 1998-99. B. BACKGROUND AND NSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): ACCOUNT NUMBER 010-161-5162.96-115 FEDERAL GRANT EDA FUNDED ECONOMIC DEVELOPMENT PLAN FOR KA'U FOLLOWING THE CLOSING OF KA'U SUGAR. EDA WISHES TO IMPLEMENT FEASIBLE RECOMMENDATIONS AS SOON AS POSSIBLE AND HAS PROVIDED GRANTS FOR THIS PURPOSE. KA'U AREA CONTINUES TO HAVE HIGHT UNEMPLOYMENT (11.4 °s BECAUSE OF DISTANCE TO JOB MARKETS AND LACK OF EMPLOYMENT OPPORTUNITIES WITHIN THE DISTRICT, THERE IS A NEED TO GENERATE ECONOMIC DEVELOPMENT IN KA'U. THIS EDA GRANT WILL ENABLE KA'U RESIDENTS TO ATTEMPT IMPLEMENTATION OF RECOMMENDATIONS FROM THE KA' iJ STUDY. (See attached resolv.tion draft) SIGNED: 1.1~Q1V~~ V~ (J~ DATE: aal~ epar ent Head