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<br /> Ms. Connie Kiriu <br /> Page 2 <br /> ['ebruary 17, 1998 <br /> would this process comply with Chapter 47 of the Hawaii Revised Statutes? Yes, we believe that <br /> it would so comply. Specifically Section 47-6, HRS, states that bonds of a county shall be <br /> authorized by the council and may relate to more than one public improvement. The section <br /> states that it is sufficient to state that the proceeds of the bonds are to be used to pay all or part of <br /> the cost of appropriations for public improvements made in a capital budget ordinance and the <br /> individual appropriations or public improvements need not be identified. <br /> In summary, Bill 180, Draft 2, is authorizing the issuance of bonds the proceeds of which arc to <br /> be expended in accordance with the identified capital improvement budget ordinances. We lied <br /> that this procedure is authorized by HRS §47-G. <br /> if you have any further questions, please let me know. <br /> PKO:mo <br /> Enclosure <br /> kiriu.pko <br /> <br />