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PORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: January 7, 2020 Re: Comm. No. 685/Res. No. 458-20 <br /> PLACE: Council Chambers <br /> Hilo, Hawaii <br /> TIME: 11:10 a.m. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance,to which was referred Resolution No. 458-20, reports as follows: <br /> Resolution No. 458-20, transmitted by Finance Director Deanna S. Sako,via Communication No. 685 <br /> dated December 20, 2019, authorizes the Mayor to enter into a multi-year Housing Assistance Payment <br /> Contract with Ainakea Senior Residences, LLP, owners of Ainakea Senior Residences, for the Section 8 <br /> Project-Based Voucher Program as offered through a Public Notice dated July 26, August 2 and 9, 2009. <br /> This resolution requests the Council to authorize the extension of the initial master agreement to <br /> February 28, 2030, to continue providing rental assistance for up to 29 eligible elderly participants. <br /> Council Member Herbert"Tim"Richards, III, noted a strong support of this resolution. He stated <br /> Section 8 is what flags the need of housing. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 458-20, and <br /> recommends its adoption. <br /> dmm <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID X COMMITTEE ON FINANCE <br /> EOFF X <br /> KANEALI`I-KLEINFELDER X <br /> KIERKIEWICZ X <br /> LEE LOY X <br /> POINDEXTER X MAIL,E MED OS DAVID, CHAIR <br /> RICHARDS X FC REPORT NO.: 101 <br /> VILLEGAS X ADOPTED: JAN 2 2 2020 <br />