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HomeMy WebLinkAboutREP FC 218 10/01/1986 1984-1988 REPORT OF THE COMMITTEE ON FINANCE Date: September 23 , 1986 Re: Comm. 754 Place: Kona Imin Center , Holualoa Time: 1:00 p.m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 247, reports as follows: The purpose of Bill 247 is to amend Ordinance 86-64, the CIP budget, by adding the following project: Puna Geothermal Research Facility Improvement $600 ,000 (110-199-5190 .01-115) Of the $600 ,000 , $520 ,000 shall be provided from the State Department of Land and Natural Resources and $80 ,000 from the Research Corporation of the University of Hawaii . The monies will be used to construct the Phase II Improvements to the Puna Geothermal Facility. The Phase II Improvements include utilizing the geothermal brine, steam and heat for processing and producing agriculture, aquaculture and marine products . Pursuant to Section 10-6, Hawaii County Charter , the Council, by ordinance and the affirmative vote of two-thirds of the entire membership, may amend the capital budget for that year . Your Committee on Finance concurs with the intent of Bill 247 and recommends that it pass first re ing. i4"I FRANK DE LUZ III, CHAIRMAN / (7 ')" ORRA`,NE 'W TCHAKU- NOUY , V.C. AM L. K. DAHLBERG, MEMBER tzle-'Ce---e-e--er-t / e f 1;71, TAKASHI D• INGO, MEMBE'/J 'USSELL S. KOKUBU , MEMBER 6,4 41411110 t4 (ABSENT & EXCUSED) MER K. LAI, MEMB - `~ SPENCER K. SCHUTTE, MEMBER /MS FC REPORT No, 218 ADOPTED : -OCT 1 1986