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HomeMy WebLinkAboutREP FC 600 12/12/1988 1984-1988 , - 111 REPORT OF THE COMMITTEE ON FINANCE Date: November 21 , 1988 Re : /Comm . 1855 Place: Councilroom Time: 10 : 00 a .m . Chairman and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill 685 , reports as follows: Bill 685 proposes to amend Ordinance 88-83 , the Operating Budget for Fiscal Year 1988-89 , by increasing revenues in Fund Balance from Previous Year , Account No . 2271 .00 , by $105 ,470 and appropriating same to the following account: Account No . Function & Activity Fund Amount 290-981-5981 .05-115 Ahualani Park Park Dedication $105 ,470 Funds Communication 1855 states that there is an unapp opriated fund balance in the Parks Dedication Fund account of 167,439 . 76 . It further states that $105 ,470 is to be appropriated to construct restroom facilities , a baseball backstop, soccer goal posts , outdoor courts , and off-street parking at Ahualani Park . The communication goes on to explain that the park is a level 3 .5 acre grassed playing field which has only playground equipment and fencing. The park serves the entire Waiakea Homesteads area above Komohana Street up to Waiakea Uka School . Your Committee expressed concern about the source of the funds . Questions arose as to whether funds earmarked for other park projects could be used for this park . The Corporation Counsel said that , contingent upon further research , he feels that funds should be used in the area that funds were generated. The Finance Director was directed to furnish the members of the Council a recap of the sources of all the funds for Ahualani Park by the next Council meeting on November 30 , 1988 . FC REPORT No . 600 ADOPTED : DEC 12 1980 111 • FC- 600 Page 2 November 21 , 1988 Your Committee learned that the park has been officially dedicated to the County of Hawaii . Your Committee on Finance is in accord with the intent and purpose of Bill 685 and recommends that it rse first reading. 160\Lea_. FRANK DE LUZ III , CHAIRMAN f / , � 4--- kr RRAIN R. HAKU-INO YE, .C. SE S. KOKU: ► ME :ER 3&0eala.A. CAA( VNA.11//c) ell 0\ PAMELA F. CUSHNIE, MEMBER M" 'LE K. LAI, M 4 R 4411111 ,/ ef:&.--e4r-- r—Tictuumft.: TAKASHI DOMI GO, ME BER SPEN R K. SCHUTTE, MEMBER LA/KKK