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HomeMy WebLinkAboutREP FC 142 03/28/1979 1976-1980REPORT OF THE COMMITTEE ON FINANCE March 28, 1979 Chairman and Members Hawaii County Council Hilo, Hawaii Your Committee on Finance submits for approval Committee Reports dated March 28, 1979, and numbered 139 through 142. TOMIO FUJII, MEMBER JIRI, CHAIRMAN (ja" 4t•o TAKASHI DOMINGO, MBER J SEPH JR. GARCIA, JR., MErLW Report No. File No.........�G�' M. B. No.... Date: ....... APR197 REPORT OF THE COMMITTEE ON FINANCE March 28, 1979 Chairman and Members Hawaii County Council Hilo, Hawaii Your Committee on Finance to which was referred: Comm. 1091: APPROPRIATION OF $$75,000 FOR PHASE I (Bill 469) HILO CIVIC AUDITORIUM From Finance Committee Chairman Harvey S. Tajiri dated March 21, 1979 submitting for favorable consideration, a bill appropriating $875,000 for Phase I, Improvements to Hilo Civic Auditorium, to convert it into a multi-purpose complex. This project, while accomplishing the Council's major objective of "Economic Development", will provide our residents with additional meeting facilities and provide economic growth and stability to the visitor industry in the sense of expanding the convention -visitor market source. Should the proposal receive favorable response, this matter will be referred to the Director of Finance so he may incorporate the funding require- ments into the general obligation bond authorization legislation to enable him to enter the bond market once for the entire needs of the County; recommends Council receive and file the communication; and approve and adopt Bill 469 on first reading. The bill amends the CIP ordinance for fiscal year 1978-1979 by adding the following project: Department of Parks and Recreation, Hilo Civic Auditorium Im rovement - Phase I (Plans and Construction); funds for the project (875,000) shall be provided from sale of general obligation bonds. HAWAII COUNTY COUNCIL - HILO, HAWAII ' COMMITTEE ON I DO HEREBY CERTIFY that the foregoing Committee Report was adopted by the Council of the County of Hawaii on April 4, 1979. F I NANCE ATTEST: B. Le7s11_^prf i Z ep en K.REPORT ' mashiro ' 142 N0.R. roim,ry ri rov.,...