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<br /> <br /> <br /> <br /> M'VOsq <br /> ',cam <br /> William P. Kenoi Nancy E. Crawford <br /> Mayor Director <br /> Deanna S. Sako <br /> rDeputy Director <br /> Os A, <br /> County of Hawaii <br /> Finance Department <br /> 25 Aupum Street, Room 118 • Hilo, Hawaii 96720 0 <br /> (808) 961-8234 Fax (808) 961-8248 <br /> May 6, 2009 <br /> C I -C <br /> J Yoshimoto, Council Chair and <br /> Members of the Hawai'i County Council <br /> Hawai'i County Council ? = <br /> 25 Aupuni Street Hilo, Hawai'i 96720 <br /> cr ) <br /> Re: Wastewater Improvement Projects <br /> <br /> Enclosed is a bill for an ordinance authorizing the Mayor to enter into an intergovernmental <br /> agreement for a loan from the American Recovery and Reinvestment Act of 2009 portion <br /> of the State Water Pollution Control Revolving Fund for wastewater improvement projects <br /> and authorizing the issuance of general obligation bonds for the purpose of financing the <br /> following projects: <br /> <br /> Komohana Heights LCC Replacement <br /> Honokaa LCC Replacement <br /> Queen Liliuokalani Village LCC Replacement <br /> North Kona Sewer <br /> North Kona Effluent Reuse Upgrade <br /> <br /> The Department of Environmental Management will be submitting an application for a <br /> loan(s) funded by the American Recovery and Reinvestment Act (ARRA) of 2009 portion <br /> of the Water Pollution Control Revolving Fund. The State Department of Health has <br /> indicated that $7,500,000 of the ARRA funds will be made available to the County of <br /> Hawai'i as a zero interest, zero fee loan with principal forgiveness. To be eligible for these <br /> funds, projects must be ready to go and meet the required timelines and it is believed the <br /> projects listed above can meet the requirements, however, as with any project, a number <br /> of things could cause a delay for any of these projects. <br /> <br /> At this time, the available ARRA funds will be expended on the Komohana Heights LCC <br /> Replacement and Honokaa LCC Replacement projects with the other projects listed as <br /> alternates should either of these projects encounter any delays. Due to the strict <br /> deadlines associated with the ARRA funds, it is our intention to maximize the utilization of <br /> these funds by directing the funds to any combination of the above listed projects based <br /> on project readiness. 3 <br /> Comm. No. <br /> `Wm eg3) Ref. To: <br /> Ref. Date MRY 0 7 20(19 <br /> <br /> Hawaii County is an Equal opportunity Provider and Employer <br />