HomeMy WebLinkAboutREP FC 003 2017/01/24 (2016-2018) REPORT OF THE
COMMITTEE ON FINANCE
DATE: January 24, 2017 Re: Comm. No. 64/Bill No. 7
PLACE: Council Chambers
Kailua Kona, Hawai`i
TIME: 2:15 p.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawai`i 96720
Your Committee on Finance, to which was referred Bill No. 7, reports as follows:
Bill No. 7, transmitted jointly with Bill. No. 8, by Finance Director Collins Tomei, via
Communication 64, dated January 5, 2017, relating to public improvements and financing for
fiscal year July 1, 2016 to June 30, 2017.
Bill 7 increases revenue in the Environmental Management—Kula`imano & Papa`ikou
Dewatering & Barminutor Replacement project by $2,700,000. Funds for this project shall be
provided from State Revolving Fund ($2,700,000). Funds would be used for construction of this
project.
There was no discussion on this measure then the vote was taken on the motion to approve and
passed with nine ayes.
Pursuant to Section 10-6(e) of the Hawai`i County Charter, at any time during the fiscal year, the
Council, by ordinance adopted by the affirmative vote of at least two-thirds of the entire
membership may amend the capital budget for that year.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 7, and
recommends its passage on first reading.
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AYES NOES ABS Ex Respectfully submitted,
CHUNG X
DAVID x COMMITTEE ON FINANCE
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KANUHA X
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POINDEXTER x _ MAILE DA ID, CHAIR
RICHARDS X FC REPORT NO.: 3
RUGGLES -1 X ADOPTED: FEB 0 8 2017