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HomeMy WebLinkAboutREP FC 227 11/07/1979 1976-1980 REPORT. OF THE COMMITTEE ON FINANCE November 7, 1979 Chairman and Members Hawaii County Council Hilo, Hawaii Your Committee on Finance submits for approval, Committee Reports dated November 7, 1979 and numbered 227 through 245 . HARVEY ;0 ,JIR CHAIRMAN 4,41.10, 040h4; MERLE K. LAI, VIC CHAIRMAN TAKASHI DOMINGO, :' BER t.t4Li / 1410, TOMIOFUJII, MEMBER WILLIAM S . KAW' -ARA, ' EMBER Report No. a7 File No. M. $. D... NOL14 • 1 REPORT . OF THE COMMITTEE ON FINANCE November 7, 1979 Chairman and Members Hawaii County Council Hilo, Hawaii Your Committee on Finance to which was referred: Au-Comm. 12$7 .2: BILL 521 (REVISED) RELATING TO THE ISSUANCE OF $5, 500,000. GENERAL OBLIGATION BONDS From Mayor Herbert T. Matayoshi dated October 15, 1979 recommending, in order that some flexibility be allowed the administration in sale of bonds during this period of high interest rates, restoration of the provision for issuance of bond anticipation notes in Bill No. 521 (Revised) . This provision was included in the original ordinance bill that was, submitted by letter dated May 29, 1979; recommends Council accept the Mayor's recommendation and that an ordinance bill be prepared to restore the provision for issuance of bond anticipation notes. HAWAII COUNTY COUNCIL - HILO, HAWAII COMMITTEE ON I DO HEREBY CERTIFY that the foregoing Committee RRepcurt A adopted by the Council of the County of Hawaii on NOV 14 `•9 • FINANCE •ATTEST: 2 ' • REPORT NO. 227 R. B. Le spi ephen Yamashiro • COUNTY CLERK COUNCIL IRMAN