Loading...
HomeMy WebLinkAboutREP FC 369 07/30/1980 1976-1980 bL • 011. REPORT. OF THE - _ COMMITTEE ON FINANCE July 30, 1980 Chairman and Members Hawaii County Council Hilo, Hawaii Your Committee on Finance submits for approval, Committee Reports dated July 30, 19$0 and numbered 36$ through 375 . 1 ' \- :moi/ 1✓`_, H I RVEY js. W , CHAIRMAN • MERL K. LAI, VIC CHAIRMAN TAKASHI DOMINGO, MBER • • • 11 TOMIO FUJII, MEMBER - W LLIAM S . KA) AHARA, +1 MBER X 68 ±1vuL X75 Report no._._.�. File No. � M. B. No. 3/gad_.......... � -eat?: ....._KG ..w..19' ...4 1 • REPORT- OF THE _ _ COMMITTEE ON FINANCE July -30 , 1980 Chairman and Members Hawaii County Council Hilo, Hawaii Your Committee on Finance to which. was referred: Comm. 1610 : PAPAIKOU-PAUKAA SEWERAGE SYSTEM (Res. 659 , 660, From Director of Finance Stanley A. Nakamae- dated 661, Bill 652) July 10 , 1980. informing the low bid for construc- tion of the Papaikou-Paukaa Sewerage System is $3, 334 ,200 . The Federal Government will pay 75 percent; the State, 10 percent; and the County, 15 percent ($500 ,130) . Further informs , in addition to construction, there is a contract management cost of $300 ,000 , of which the County ' s share is $45 ,000 . (Total County share - $545, 130) In order to fund the project and provide for a small contingency amount, the attached resolutions transferring funds from various accounts , and ordinance bill appropriating $112 ,000 contribution • from C. Brewer & Company must be adopted; recommends Council approve and adopt the following resolutions : (1) Resolution No. 659 to transfer. $50 ,000 from the Hilo Sewer Treat- ment Plant (Secondary) account to the Papaikou-Paukaa Sewerage System to transfer a loan until the federal share reimbursement • -for the consultant contract cost is received for the Papaikou-Paukaa Sewerage System project; . (2) Resolution No. 660 to transfer $50 ,000 from various bond fund accounts to the Papaikou-Paukaa Sewerage System to close out accounts of completed projects and to transfer the unrequired cash balances to provide funding for the Papaikou-Paukaa Sewerage System project.; and. ® . FC-369 - 2 - July 30 , 1980 (3) Resolution No. 661 to transfer $165,166 .10 from various bond fund accounts to the Papaikou-Paukaa Sewerage System to provide funding for the construction and construction management contracts for the Papaikou-Paukaa System project. Further recommends passage of Bill No. 652 on first reading to appro- priate contributions from private sources (C. Brewer & Company) in the amount of $112,000 to the Papaikou-Paukaa Sewerage System project. 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 AUG 6 1980 FINANCE • ATTEST: . � �` REPORT NO. 369 R. B. Leg si"' :_n K. mashiro COUNTY CL RK 'IUNCIL C '