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0 0 <br /> SECTION 12. Bond or Note Insurance. The Director of Finance is authorized to <br /> determine and provide for any insurance provisions respecting the Bonds or the Notes as he shall <br /> deem to be in the best interest of the County, including, without limitation, selection of the bond <br /> insurer, payment of the insurance premium and printing of any insurance statement on the Bonds or <br /> the Notes. <br /> SECTION 13. Support Facility for Variable Rate Bonds. If the Director of Finance <br /> shall determine to issue the Bonds of a series or Notes bearing interest at a rate or rates which vary <br /> from time to time or with a right of holders to tender such Bonds or Notes for purchase, or both, the <br /> Director of Finance may contract for such support facility or facilities and remarketing arrangements <br /> as are required to market the Bonds or Notes, to the greatest advantage of the County upon such <br /> terms and conditions as the Director of Finance deems necessary and proper; provided, however, that <br /> all such contracts shall be approved by a resolution of the County Council and shall comply with the <br /> requirements of Section 47 -11, Hawaii Revised Statutes. <br /> SECTION 14. Repeal of Conflicts. All ordinances and resolutions, and any portions <br /> of 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 inconsistent with any provision of this ordinance shall be and are hereby repealed to the extent of <br /> such conflict or inconsistency. <br /> 15 <br />