HomeMy WebLinkAboutREP FC 041 2019/06/03 2018-2020 REPORT OF THE
COMMITTEE ON FINANCE
DATE: June 3, 2019 Re: Comm. No. 303/13ill No. 76
PLACE: Council Chambers
Hilo, Hawaii
TIME: 2:20 p.m.
Council Chair and Members
Hawaii County Council
Hilo, Hawaii 96720
Your Committee on Finance, to which was referred Bill No. 76, reports as follows:
Bill No. 76, transmitted by Finance Director Deanna Sako, via Communication No. 303 dated
May 15, 2019, amends Chapter 2, Article 25, Section 2-139 of the Hawaii County Code 1983
(2016 Edition, as amended), authorizes the Mayor of the County of Hawaii to enter into an
intergovernmental agreement for a State Water Pollution Control Revolving Fund loan for wastewater
public improvement projects; and authorizes the issuance $37,000,000 of General Obligation Bonds
of the County of Hawaii for the purpose of financing qualified wastewater public improvements of
the County of Hawaii.
The funds would be used for the following projects: Pahala Wastewater Collection System
($15 million) and Pahala Large Capacity Cesspool Conversion$22 million).
There was no discussion on this matter.
Your Committee on Finance is in accord with the purpose and intent of Bill No. 76, 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
LEE LOY X
POINDEXTER X MAILE MEDEIROS DAVID, CHAIR
RICHARDS X FC REPORT NO.: 41
VILLEGAS X ADOPTED: JUN 1 9 2019