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HomeMy WebLinkAboutREP FC 534 08/16/1988 1984-1988 . . _ a 410 REPORT OF THE III COMMITTEE ON FINANCE Date: August 16 , 1988Re : 'Comm. 1722 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 600 , reports as follows : Bill 600 proposes to amend Ordinance 88-81, the Capital Improvement Budget for Fiscal Year 1988-89, by adding funds to the following project as outlined below: DEPARTMENT OF PUBLIC WORKS Kailua-Kona Sewage System, Phase II Fund $18 , 600 ( 160-699-5696 . 61-115) Your Committee on Finance has been informed that the sum of $18, 600 had been received from certain developers to cover the cost of equipment and improvements which will allow the Kailua-Kona sewage system to be improved . These improvements , which will include the ability of the system to accept additional flows and to improve the process and quality control of the system, will also help to bring the system up to the operational standards mandated by the State Department of Health. Your committee has been further informed that the funds were received in the 1987-88 fiscal year and had lapsed, therefore, the source of the funding is the Fund Balance of the Kailua-Kona Sewage System, Phase II Fund . Your Committee on Finance is in accord with the intent and purpose of Bill 600 and recommen s that it pass first reading . ' 1 4 '� . :Ipar if Lii LA/41 \ . FRANK DE LUZ III, CHAIRMAN RRAI R. 4 • AKU-INO4YE, " .C. y (ABSENT & EXCUSE►+) J , / or 5 ,a TAKASHI DO INGO, MEMBER''" "USSELL S. KOKUBUN, MEMBER 4.41 le !' 4110411111111t.' A°111 MERL' K. LAI, MEMS' C ' K. SCHUTTE, MEMBER LA/KK FC REPORT No . 534 ADOPTED : AUG 2 5 1988