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HomeMy WebLinkAboutREP FC 517 06/06/1988 1984-1988 110 REPORT OF THE COMMITTEE ON FINANCE Date: June 6 , 1988 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 574, reports as follows: Bill 574 proposes to further amend Ordinance No. 48.2, adopted on Ct. . 17 ,. 1979, by adding the following project for utilization of the remaining proceeds from the bond sale: Kahaluu Beach Park 421 ,182 (110-599-5596 .66-115) Your Committee on Finance has been apprised of the fact that the bids for the Kahaluu Beach Park improvements were higher than expected .. The low bid for the project was $120 ,592. A total of $99 ,410 is presently available for the project, which includes 10 ,567 from Community Development Block Grant funds . There is an additional need for $21,182 to award the contract . Your Committee on Finance is in accord with the intent and purpose of Bill 574 and recommends that i ass second and final reading. /LJw0k3 ...• FRANK DE LUZ III, CHAIRMAN • )1 :t (c.S •RRA JR: ''HAKU-INOi YE, V. C. ,y L. K. DAHLBERG, MEM R ti d A / TA, ASHI DO NGO, EM ER `USSELL S . KOKUB N, MEMBER 4, -441r% MERLE . LAIr EMB CE' K. SCHUTTE, MEMBER LA/'K FC REPORT No. 517 ADOPTED : JUN 15 1988