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HomeMy WebLinkAboutREP FC 098 2019/12/17 2018-2020 PORT OF THE COMMITTEE ON FINANCE DATE: December 17, 2019 Re: Comm. No. 645/Bill No. 125 PLACE: Council Chambers Kailua-Kona, Hawaii TIME: 1:31 p.m. Council Chair and Members Hawaii County Council Hilo, Hawaii 96720 Your Committee on Finance, to which was referred Bill No. 125, reports as follows: Bill No. 125, transmitted by Finance Director Deanna Sako, via Communication No. 645 dated November 27, 2019, amends Ordinance No. 19-74, as amended, relating to public improvements and financing thereof for the Fiscal Year July 1, 2019 to June 30, 2020. This bill adds the Public Works Plumeria Street Rehabilitation project for$4 million to the Capital Budget. Funds for this project shall be provided from General Obligation Bonds, Capital Projects Fund—Fund Balance and/or Other Sources. Funds would be for paving and rehabilitating P1ulmeria Street in Honoka`a. Council Member Valerie T. Poindexter thanked the Department of Public Works for putting this on the list of projects. She stated it is time to negotiate when and if there is funding to get the project done. Your Committee on Finance is in accord with the purpose and intent of Bill No. 125, and recommends its passage on first reading. dmm - AYES NOES ABS Ex Respectfully submitted, CHUNG X DAVID X COMMITTEE ON FINANCE EOFF X r----_ KANEALI`I-KLEINFELDER X KIERKIEWICZ X LEE LOY X POINDEXTER X MAILS MEDEIROS DAVID, CHAIR RICHARDS X FC REPORT NO.: 98 VILLEGAS X ADOPTED: JAN ,0 8 2020