HomeMy WebLinkAbout 09/27/2017 Budget & Finance Committee minutes MINUTES
BUDGET & FINANCE COMMITTEE
September 27, 2017
A meeting of the Budget & Finance Committee of the Council of the County of
Kaua`i, State of Hawai`i, was called to order by Arryl Kaneshiro, Chair, at the Council
Chambers, 4396 Rice Street, Suite 201, Lihu`e, Kaua`i, on Wednesday,
September 27, 2017, at 8:54 a.m., after which the following Members answered the
call of the roll:
Honorable Arthur Brun (present at 1:57 p.m.)
Honorable Mason K. Chock
Honorable Ross Kagawa
Honorable Derek S.K. Kawakami (present at 1:54 p.m.)
Honorable Mel Rapozo
Honorable JoAnn A. Yukimura
Honorable Arryl Kaneshiro
There being no objections, the Committee recessed at 8:54 a.m., to convene in
the Public Safety & Transportation Committee.
The meeting was called back to order at 1:53 p.m., and proceeded on the
following:
Minutes of the September 13, 2017 Budget & Finance Committee Meeting.
Upon motion duly made by Councilmember Chock, seconded by
Councilmember Kagawa, and carried by a vote of 5:0:2 (Councilmembers Brun
and Kawakami were excused), the Minutes of the September 13, 2017 Budget
& Finance Committee Meeting was approved.
The Committee proceeded on its agenda items, as shown in the following
Committee Reports, which are incorporated herein by reference:
CR-BF 2017-19: on Bill No. 2662 A BILL FOR AN ORDINANCE TO
AMEND SECTION 2, ORDINANCE
NO. 891 AUTHORIZING THE
ISSUANCE OF GENERAL
OBLIGATION BONDS OF THE
COUNTY OF KAUAI FOR THE
PURPOSE OF FINANCING CERTAIN
PUBLIC IMPROVEMENTS AND
REFUNDING CERTAIN BONDS OF
THE COUNTY; FIXING OR
AUTHORIZING THE FIXING OF
THE FORM, DENOMINATIONS,
AND CERTAIN OTHER DETAILS OF
SUCH BONDS AND PROVIDING
FOR THE SALE OF SUCH BONDS TO
THE PUBLIC (Approved.)
BF COMMITTEE MEETING 2 SEPTEMBER 27, 2017
CR-BF 2017-20: on Bill No. 2663 A BILL FOR AN ORDINANCE
AMENDING ORDINANCE NO. B-
2017-821, AS AMENDED, RELATING
TO THE OPERATING BUDGET OF
THE COUNTY OF KAUAI, STATE OF
HAWAII, FOR THE FISCAL YEAR
JULY 1, 2017 THROUGH JUNE 30,
2018, BY REVISING THE AMOUNTS
ESTIMATED IN THE SEWER FUND
(Wailua Waste Water Treatment Plant
(Operating Budget) - $500,000.00)
(Approved.)
CR-BF 2017-21: on Bill No. 2664 A BILL FOR AN ORDINANCE
AMENDING ORDINANCE NO. B-
2017-822, AS AMENDED, RELATING
TO THE CAPITAL BUDGET OF THE
COUNTY OF KAUA`I, STATE OF
HAWAII, FOR THE FISCAL YEAR
JULY 1, 2017 THROUGH JUNE 30,
2018, BY REVISING THE AMOUNTS
ESTIMATED IN THE SEWER TRUST
FUND-CIP (Wailua Waste Water
Treatment Plant (CIP Budget) -
$500,000.00) (Approved.)
CR-BF 2017-22: on Bill No. 2665 A BILL FOR AN ORDINANCE
AUTHORIZING THE ISSUANCE OF
GENERAL OBLIGATION BONDS OF
THE COUNTY OF KAUAI FOR THE
PURPOSE OF FINANCING CERTAIN
PUBLIC IMPROVEMENTS; FIXING
OR AUTHORIZING THE FIXING OF
THE FORM, DENOMINATIONS,
AND CERTAIN OTHER DETAILS OF
SUCH BONDS AND PROVIDING
FOR THE SALE OF SUCH BONDS TO
THE PUBLIC; AUTHORIZING THE
ISSUANCE AND SALE OF BOND
ANTICIPATION NOTES; AND
PROVIDING FOR OTHER MATTERS
AND ACTIONS PERTAINING TO
THE ISSUANCE AND SALE OF THE
BONDS (Approved as Amended.)
(Note: The Committee was in recess from 3:44 p.m. to 3:55 p.m. during
discussion on Bill No. 2665, for a caption break.)
BF COMMITTEE MEETING 3 SEPTEMBER 27, 2017
There being no further business, the meeting was adjourned at 4:10 p.m.
Respectfully submitted,
UwA
Codie K. Tabalba
Council Services Assistant I
APPROVED at the Committee Meeting held on October 25, 2017:
1. 1044/(://6,
ARRYL NESHIRO
Chair, BF Committee