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HomeMy WebLinkAboutREP FC 009 2019/01/08 2018-2020 REPORT OF THE COMMITTEE ON FINANCE DATE: January 8, 2019 Re: Comm. No. 44/Bill No. 7 PLACE: Council Chambers Hilo, Hawai`i TIME: 10:30 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Bill No. 7, reports as follows: Bill No. 7, transmitted by Finance Director Deanna Sako, via Communication No. 44 dated December 19, 2018, amends Ordinance No. 18-68, as amended, relating to public improvements and financing thereof for the fiscal year July 1, 2018 to June 30, 2019. This bill adds the Public Works Ali`i Drive Culvert Replacement—Fair Share project for $2.2 million to the Capital Budget. Funds for this project shall be provided from Fair Share Contributions. Funds would account for the County's 20 percent portion of costs, with remaining funding provided by Federal Highway Administration. There was no discussion on this measure. Your Committee on Finance is in accord with the purpose and intent of Bill No. 7, and recommends its passage on first reading. dmm AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID X COMMITTEE ON FINANCE EOFF X KANEALI`I-KLEINFELDER X KIERKIEWICZ X 411Wk t LEE LOY X • POINDEXTER X MAILE MEDEIRO *AY HAIR RICHARDS X FC REPORT NO.: 9 VILLEGAS X ADOPTED: JAN 2 3 2019