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HomeMy WebLinkAboutOrdinance 06-101COUNTY OF HAWAII ORDINANCE NO. STATE OF HAWAII as sos BILL NO. 292 Draft 2 AN ORDINANCE AMENDING CHAPTER 2 OF THE HAWAII COUNTY CODE 1983 (2005 EDITION), ADMINISTRATION, RELATING TO BUDGET STABILIZATION FUND. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. Chapter 2 of the Hawaii County Code 1983 (2005 Edition), is amended by adding a new article to be appropriately designated and to read as follows: Article . Budget Stabilization Fund. Section 2- Creation of fund. Pursuant to section 10 -12 Hawaii County Charter 2000, a special fund to be known as the budget stabilization fund is created for the purpose of meeting general fund revenue shortfalls and to minimize the need for budget cuts or tax increases The budget stabilization fund shall be a temporary supplemental source of funds for the County to use during times of financial hardships while a plan for cost reduction or revenue enhancement is developed. Funding. moneys shall be transferred to this fund as recommended by the mayor and approved by the council. Section 2- and the director of finance determines that such use is necessary to prevent a reduction in the level of public services. Section 2- LIJ Written determination by the director of finance that such appropriations are necessary: and (� Passage of an appropriations ordinance by two- thirds vote of the council. Section 2- construction or alteration of a facility as part of a general capital improvement program shall be prohibited. SECTION 2. Material to be repealed is bracketed and stricken. New material is underscored. In printing this ordinance, the brackets, bracketed and stricken material and underscoring need not be included. SECTION 3. If any provision of this ordinance, or the application thereof to any person or circumstance, is held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid provision or application, and to this end, the provisions of this ordinance are declared to be severable. SECTION 4. This ordinance shall take effect upon its approval. II ON"t 63111L41413L. fI COUN IL MEMBER, COUNTY OF HAWAII Kona, Hawai'i Date of Introduction: June 5, 2006 Date of Ist Reading: June 5, 2006 Date of 2nd Reading: June 21, 2006 Effective Date: June 30, 2006 WERENCZE: Comm. 890.2 OFFICE OF THE COUNTY CLERK County of Hawaii Kona, Hawaii Introduced By: Virginia Isbell Date Introduced: June 5, 2006 First Reading: June 5, 2006 Published: June 16, 2006 REMARKS: Second Reading: June 21, 2006 To Mayor: June 22, 2006 Returned: July 3, 2006 Effective: June 30, 2006 Published: Julv 11. 2006 REMARKS: ROLL AYES NOES ABS EX Arakaki Higa X Hoffmann X Holschuh X Ikeda X Isbell X Jacobson X Pilago X Safarik X 8 0 1 0 ROLL CALL VOTE AYES NOES ABS EX Arakaki X Higa X Hoffmann X Holschuh x Ikeda X Isbell X Jacobson x Pilago X Safarik X 8 0 1 0 1 DO HEREBY CERTIFY that the foregoing BILL was adopted by the County Council published as indicated above. APPROVED AS TO 04;0045A FORM AND LEGALITY: _----7C COUNCIL CHAIRMAN v AO 00 DEPUTY PORATION COUNSEL COU OF HAWAII &—imo Ic 444. M INTYC'I.FRK Date G�c p rove Disapproved this '3611- day Of J �,,..�, , 20�. ,W R, COUNTY �LAI`I Bill No.: 292 (Draft 2) Reference: C- 890.2/FC -302 Ord No.: 06 101