COM 0311.000 2020-2022 - Laserfiche WebLink

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V. LAND TO BE ACQUIRED No land or easements need to be acquired for the construction of the sewer line extension and related improvements as all such special improvements will be constructed entirely within the existing rights-of way of Hina Lani Street and Ane Keohokalole Highway. V1. ESTIMATED COST OF IMPROVEMENTS The preliminary estimate of the costs for the proposed Improvement District,including incidental expenses incurred to date and those to be incurred in the future, and the cost of construction of the special improvements,is$12,000,000.00. Incidental expenses include fees and expenses authorized by the County for:(1)preliminary engineering surveys,maps,plans, drawings and specifications;(2)County of Hawaii's bond counsel,financial adviser,appraiser, special tax counsel and other County of Hawaii consultants,publication costs and other out-of- pocket expenses, and a reasonable charge for County of Hawaii staff time and administrative costs; (3)PETITIONER'S legal counsel, consultants,and all other expenses and costs incurred by PETITIONER for the formation of the proposed Improvement District. PETITIONER requests that all such fees,costs and incidental expenses advanced or incurred by PETITIONER be made part of the cost of the special improvements and that after due proceedings have been held as required by law,that the actual funds expended by PETITIONER for such fees,costs and incidental expenses be reimbursed to PETITIONER at such time as funds become available from the proceeds of the sale of the bonds for the proposed Improvement District,pursuant to Section 12-7,Hawaii County Code. 5