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HomeMy WebLinkAboutREP FC 046 05/14/1985 1984-1988 410 REPORT OF THE III COMMITTEE ON FINANCE Date: May 14, 1985 Place: Councilroom Time: 9:00 a. m. Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 52, reports as follows: _ The purpose of Bill 52 is to amend Section 1 of Ordinance 84-32, Relating to Public Improvements and Financing Thereof for F.Y. '84-85 , by increasing the appropriation to the Keopu Heights - Roadway Reconstruction and Channel improvements by $360,000 . Funding for the increase shall be provided through the unallotted proceeds of the 1982 Series A Bond Issue. In answer to Councilman Domingo 's question as to what the additional , appropriation would be used for, the Chief Engineer stated that it will be used to complete the construction of. the Keopu Heights channel and to pay the contractor for added costs incurred due to the delay in settling the land acquisition matter . Also, the County has an obligation to provide access to two lessees on the Burgess property to enable them tocross the channel for their business activities . Pursuant to Section 10-6 of the Hawaii County Charter, the Council by ordinance and a two-thirds vote, may amend the capital budget for that year . Your Committee on Finance concurs with the intent of Bill 52 and recommends that it pass first reading. •Itt a/116.)1L. FRANK DE LUZ, III, CHAIRMAN NX,,.ie •R ;INE R. KU, VIC' CHR. _ . K. DAHLBERG, MEMBER C4- TAKASHI DOMINGO Arw.'" ,4 :ER U SELL KOKUBUN, MEMBER IF 1 QA/ 111116. s 400,7- 4 A _ Itir M .' E K. LAI, MEMB ' S'ENCER K. SCHUTTE, MEMBER FC REPORT No. 46 LA/MS MAY ADOPTED : 2 2 1985