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HomeMy WebLinkAboutREP FC 561 10/11/1988 1984-1988 8 REPORT OF THE 411 COMMITTEE ON FINANCE Date: October 11 , 1988 Re : Comm . 1807 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 650 , reports as follows: Bill 650 proposes to amend Ordinance 88-83 , the Operating Budget for Fiscal Year 1988-89, by increasing revenues in General Fund Account No . 3304. 35 , State Grants - Innovative Infrastructure Conference , by $10,000 , and appropriating same to the following General Fund account: Account No . Function & Activity Amount 010-161-5162.83-115 STATE GRANTS - INNOVATIVE $10,000 INFRASTRUCTURE CONFERENCE Communication No . 1807, dated October 3, 1988, informs the Council that the grant was received from the Hawaii State Office of Planning. The grant is to be used to cover expenses incurred at the " Innovative Infrastructure Financing Conference " which was held on October 6 and 7 at the Hyatt Regency Waikoloa ® The Finance Director explained to the Committee that the $10 ,000 was to be used as a "backup" to pay for expenses incurred and in all likelihood, the entire amount would be expended. The Finance Director was directed to furnish the Finance Committee , for the record, with copies of all bills incurred at the conference . Your Committee on Finance is in accord with the intent and purpose of Bill 650 and recommends that pass first reading. AULAP F' *NK DE LUZ HAIRMAN 4, ORRAI ,_ R. HAKU-INO4 r YE f .C® RUSSELL S. ' OKUB,,N, ! SMB ` T1) CUM 14 /4 NA'S-Cute:it-) eel #1) PAMELA F. CUSHNIE, MEMBER MERLE / . LA , M:j'\ �. - 1 TAK SHI DOMINGO MEMBER S`'ENCER K. SCHUTTE, MEM:ER LA/KK FC REPORT No , 561 ADOPTED : OCT 19 19