COM 0636.004 1996-1998 - Laserfiche WebLink

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U2OBi96 10:36 $410 ~i4 1i26 SKLdROFF-)f00DS~S X1005 O] 1 82/06/% 17:84:87 Z1Z-r'~3-4888-> 415 Z74 1726 Moadv's Investors Pngc 8@A General Obligation/Special Tox Februtsy s. 1996 3 Hawaii County, Hawaii AgrlCUtlure In Transition And ReaoA Industry in the sugar Industry have also contributed to some of pgy~p~ng the highest unemployment levels in the state. With iu varied geography, ranging from alpine Recent runway expansion and the development of mountain meadows to Itch, wet rain forests, the new resorts an the island's ICona - or western -coast, island hat had a wide range of agricultural products. has contributed to a growing tourism industry. The Famed internationally for its Kona coffte, the ishutd•s unspoiled scenery and the avaibtbility of island's histnrixl agricultural mainstays have been age parcels of land have helped to fuel the develop- sugar and ranching. While the island continues to men[ of large. high-end resorts. The runways are supply newly two-thirds of the state's beef pmduc- now able to accommodate wide body jet service from tion. the sago industry has been declining rapidly. the matttland U.S. and negotiations are underway to Two plaatationt have closed in the past year and the provide direct international cervix: cunendy inter- last platuation is due to close in the next year, Other rational visitors mtsst fly through Honolulu. The agricultural praducn have stepped in to replace some yids mow-peaked mountains love amacud atuo- of the lost production, including Macadamia Nuts nomical and meteorological research facilives and and exotic flowers. Howtver, it will be sometime the islands' active volcanoes are a unique tourist before the 64.000 acres devoted w sugar production attraction in 1990 are fully absorbed for new tsses. The layoffs sale Ihforrnallon: Legal Name of Issuer. Caumy of Hawaii, Hawaii. Key Contacts Date of Bonds: February 1, 1996. Chlet Flnanclal Officer: Harry w. Takahashi, Security: General obligation unlimited tax. Under Finanx Director. Bond Counsel: Hawkins, Delafield Fc Wood, the State Constitution, debt cervix is a fast charge New York. on the county's General Fund and the county is Auditor: Deloitte & Touche, T_I-P, Honolulu obligated to levy tinliniited ad valorem taxes to pay (FY 1995) such debt service. R@glSirar: Hawaii Cotmty Director of Fitiance. ~ Purpose of BorrOWing: Fund public improvements paying Agent; Hawall County Director of wthorized in the fisca11994, 1995, and 1996 Capital Face, p Blldgel prdltl8nxs, l9 nmk may: Itr D.podtm• 7iwt Cuupny. N.w Ym3c rathg tirstory: October 1940: A January 1938: Aaa June 1938: Aa analyst: Nikolai J. Sklarott cats z~a-nal