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<br /> expects to reimburse such expenditures from the proceeds of the Bonds. The County hereby declares <br /> its official intent to use proceeds of the Bonds to reimburse itself for future expenditures in <br /> connection with such Projects. This ordinance is adopted in part for the purpose of establishing <br /> compliance with the requirements of Section 1.150-2 of the U.S. Treasury Regulations. This <br /> ordinance shall be reasonably available for inspection at the office of the County Clerk, located at <br /> 333 Kilauea Avenue, Second Floor, Hilo Hawaii 96720, commencing within fifteen (15) days after <br /> its adoption by the Council. <br /> SECTION 14. Repeal of Conflicts. All ordinances and resolutions, and any portions of <br /> ordinances and resolutions, heretofore enacted or adopted by the Council which are in conflict or <br /> inconsistent with any provision of this ordinance shall be and are hereby repealed to the extent of such <br /> conflict or inconsistency. <br /> SECTION 15. Severability. If any provision of this ordinance or application thereof to <br /> any person or circumstance is held invalid, such invalidity shall not affect other provisions or <br /> applications of this ordinance which can be given effect without the invalid provision or application, and <br /> to this end, the provisions of this ordinance are declared to be severable. <br /> SECTION 16. Effective Date. This ordinance shall take effect upon its approval. <br /> (INTTRODUCED BY: <br /> CO IL MEMBER, COUNTY F HAWAII <br /> Hawaii <br /> Date of Introduction <br /> Date of 1st Reading <br /> Date of 2nd Reading <br /> Effective Date: <br /> i~~~ ErccbICF: Comm: 1145.1 <br /> 7 <br /> <br />