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4~ ' 'i~ <br /> AJJG:~ ` <br /> <br /> COUNTS OF ~IAWAI`I ~ STATE O~ I-~AWAI`~ <br /> ~ i <br /> 8TH . <br /> , 'n1A '~nC . ~ <br /> I3I I...I. N O. 243 <br /> DRAFT 2 <br /> ORDINANCE NO. <br /> AN O~Z®9N~NC~ AM~N~lNC QR~9Na4NC~ N®. 95-62 ®F C®UNTY <br /> DF ~/~V~~I`I ~®®PT~~ D~ JULY 5, 1995, 0~~ ~M~NI~~® ~Y <br /> ®RI~IN~ 96-92 A®®P'T~ DN a0.lJt~US~ 15, 1996, I~~L~~IN~ <br /> I~~UAiVC~ D~ (~~N~FtAL O~L~C~~1°6®N ~®IV®S. <br /> ~E 11' OR~~?INE® ~Y SHE COUNCIL OF THE COUNTY OF HAV11~?I`I: <br /> SECTION 1. Section 1 of Ordinance No. 95-82, as amended by Ordinance No. <br /> 96-92, is hereby amended as follows: <br /> "SECTION 1. Findings and Determinations. It is hereby found and determined that <br /> appropriations for public improvement projects of the County of Hawaii to be financed from <br /> general obligation bond funds have been made in Ordinance No. 93-50, as amended, Ordinance <br /> No. 94-70, as amend, Ordinance 95-75, as amended, and Ordinance No. 96-68, as amended, for <br /> the fiscal years ending June 30, 1994, June 30, 1995, June 30, ]996 and June 30, 1997, <br /> respectivelyx and for the following <br /> bro~ects_ Police Microwave Relocati~n.& Renovation, New <br /> Waikoloa_Ho`oko Street Park~Kuakin~ Hi h~ <br /> wav <br /> Im~royements <br /> and Pr~secutin~Attorney <br /> Office Reno_v.ation. It is hereby further found and determined that it is advisable and in the best <br /> interest of the County to authorize the issuance and sale of general obligation bonds of the <br /> County in the maximum principal amount of $30,000,000, the proceeds derived from the sale of <br /> which shall be used to pay all or a part of the costs of appropriations referred to above and to pay <br /> all or a part of the costs of issuance of such bonds." <br /> SECTION 2. Section 2 of Ordinance No. 95-82, as amended by Ordinance No. <br /> 96-92, is hereby amended as follows: <br /> "SECTION 2. Authorization of Bonds. There are hereby authorized for issuance and <br /> sale general obligation bonds of the County (the "Bonds") in the principal amount of Thirty <br /> Million Dollars ($30,000,000), the proceeds derived from the sale of which shall be used to pay <br /> all or a part of the costs of appropriations for public improvement projects of the County to be <br /> financed from general obligation bond funds made in Ordinance No. 93-50, as amended, <br /> Ordinance No. 94-70, as amended, Ordinance No. 95-75, as amended, and Ordinance No. 96-68, <br /> as amended, for the fiscal years ending June 30, 1994, June 30, 1995, June 30, 1996 and .tune 30, <br /> <br />