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Harry Kim <br />Mayor <br />November 9, 2020 <br />County of Hawaii <br />DEPARTMENT OF FINANCE <br />25 Aupuni Street, Room 2103 • Hilo, Hawaii 96720 <br />(808) 961-8234 e (808) 961-8569 (FAX) <br />Councilmember Maile David <br />Chair, Committee on Finance <br />Hawaii County Council <br />25 Aupuni Street <br />Hilo, Hawaii 96720 <br />Deanna S. Sako <br />Director <br />Steven A. Hunt <br />Deputy Director <br />Section 47C-3, Hawaii Revised Statutes, requires that ar supplemental summary of the <br />indebtedness of the County be prepared as of a date within 30 days of the delivery of a <br />new note/bond issue. The enclosed summary as of November 4, 2020 is submitted for <br />your review and concurrence. The issuance of $77,135,000 in general obligation bonds on <br />November 4, 2020 requires preparation of this report. <br />The attached tabular summary requires concurrence from both the Chairperson of the <br />Finance Committee and the Corporation Counsel. If you concur with this summary, please <br />sign and return the original of this letter and keep a copy for your files. If you disagree with <br />any item, please indicate the item of disagreement and your reasons therefore. After <br />receiving your responses, I shall transmit the summary and your responses to the County <br />Council for its action. <br />Thank you very much for your prompt attention to this matter. Please call me if you have <br />any questions. <br />Deanna S. Sako <br />Director of Finance <br />Encl. <br />(IiiOdo not concur with the tabular summary of the net funded debt of the County of <br />Hawai i as of November 4, 2020. Reasons for non -concurrence: <br />Date: <br />Chairwoma Fi ittee <br />County Council, County of Hawaii <br />County of Hawai'i is an Equal Opportunity Provider and Employer. <br />