RES 164 Draft 01 2022-2024 - Laserfiche WebLink

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WHEREAS, the total amount of RUS grant and loan funds, is sufficient to pay the estimated cost of the proposed Improvement District (as further discussed herein) and, in view of the potential benefits of such funding, DWS is proceeding with the actions necessary to satisfy the conditions specified in the USDA Letter of Conditions in order to obtain a firm commitment of the RUS grant and loan funds for the Improvement District; and WHEREAS, public meetings were held with respect to initiation of the proposed Improvement District at Council Chambers on September 20, 2016 and October 5, 2016, which meetings were attended by residents of the Subdivision; and WHEREAS, upon consideration of the community interest expressed for the proposed Iki Place Water System Improvements, the findings, conclusions, and recommendations set forth in the Preliminary Engineering Report and the potential benefits of the available RUS grant and loan funds,the Council has determined to proceed with further actions regarding the potential establishment and funding of the Iki Place Water System Improvements; now,therefore, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that pursuant to Section 12-10, Subsection(c) of the Hawai`i County Code, it proposes the making of the improvement described herein based on the following: 1. Certain Findings and Determinations. The Council hereby ratifies and confirms Resolution No. 634-16, and approves and adopts the findings, conclusions, and recommendations specified in the Preliminary Engineering Report dated July 26, 2022. Without limiting the generality of the foregoing,the Council concurs with the findings and conclusions specified in the Preliminary Engineering Report to the effect that the establishment of the Improvement District will provide significant benefits to the health, safety, and welfare of the residents of the Subdivision, including: a. The installation of underground waterlines, constructed and installed in accordance with DWS standards, will eliminate the need for private catchment systems, alleviate potential leakage problems associated with long overland pipes currently serving a portion of the Subdivision, and provide residents with a reliable water supply and regular water pressure; and b. The installation of fire hydrants will afford a greater measure of public safety and homeowner security in the Subdivision, and may potentially result in lower fire insurance premiums for owners within the Subdivision. In consideration of the foregoing, the Council further finds, in accordance with Section 12-10(i), Hawai`i County Code, that the creation of the Improvement District encompassing the Subdivision, and the construction, acquisition, and installation of a water system for the Improvement District, all as contemplated in this Resolution, is in the public interest. 2