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Section 2-_. Dissolution of the fund. <br /> The Disaster and Emergency fund shall not be dissolved unless such dissolution is approved <br /> by a two-thirds vote of the County Council. <br /> Section 2-_. Reimbursement from grants. <br /> If the County should receive reimbursement for money advanced by the Disaster and <br /> Emergency Pund, the grant money shall return to the Disaster and Emergency Fund. <br /> Section 2-_. Administration of the fund. <br /> fhe Director of Finance shall administer the Disaster and Emergency fund, which shall <br /> include investment of the fund." <br /> SECTION 3. Material to be repealed is bracketed. New material is underscored. In printing this <br /> ordinance, the bracketed material need not be included. <br /> SECTION 4. If any provision of this ordinance, or the application thereof to any person or <br /> circumstance, is held invalid, the invalidity does not affect other provisions or applications of the ordinance <br /> which can be given effect without the invalid provisiat or application, and to this end the provisions of this <br /> ordinance are severable. <br /> SECTION 5. This ordinance shall take effect in the fiscal year following its approval. <br /> INTRODUCED BY: <br /> N IL MEMBER, COUNTY OF HAWAII <br /> Hilo, Hawaii <br /> Date of Introduction: December 17, 2003 <br /> Date of Is' Reading: December 17, 2003 <br /> Date of 2nd Reading: January 7, 2004 <br /> Effective Date: July 1, 2004 <br /> <br /> REFERENCE: COMM. 414.2 <br /> <br />