HomeMy WebLinkAboutREP FC 419 10/13/1987 1984-1988 REPORT OF THE
COMMITTEE ON FINANCE
Date: October 13 , 1987 Re: Comm. 1195 .1
Place: Counclroom
Time: 10 :00 a .m.
Chairman and Members
Hawaii County Council
Hilo , Hawaii 96720
Your Committee on Finance , to which was referred Bill 418 , reports
as follows:
Bill 418 proposes to amend Ordinance 87-58 , the Operating Budget for
Fiscal Year 1987-88 , by increasing revenues in General Fund Account
No . 3607 .00 , Contribution from Private Sources , by $5 ,475 , and
appropriating same to Account No . 010-161-5162 .82-115 , Coors Bicycle
Classic .
The Council had previously approved donations from the private
sector in the amount of $45 ,000 in support of the Coors Classic .
The final accounting showed that an additional $5 ,475 was
t i t d
con r bu e .
The total of $50 ,475 will be used to cover part of the expenditures
incurred by the County in support of the Coors Classic .
•
Your Committee on Finance is in accord with the intent and purpose
of Bill 418 and recommends that it first reading .
FRANK DE LUZ II , CHAIRMAN
ORRA E JITCHAKU-I YE , .C. A._ L. K. DAHLBERG, MEM
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TAKASHI DOMINGO MBE' RUSSELL S. KOKUBUN, EMBER
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ME E K. AI , M :ER SPENCER K. SCHUTTE, MEMBER
A/KK
FC REPORT N0, 419
ADOPTED : OCT 21 1987