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Hawai`i County Council -38 <br />Bill 245: <br />Bill 246: <br />Bill 247: <br />Page 6 May 5, 2010 <br />Amends Ordinance No. 04 -59 of the County of Hawaii, as Heretofore Amended, <br />Pertaining to the Issuance of General Obligation Bonds for the Purpose of Financing <br />Various Public Improvements of the County. { Ordinance 04-59, as amended by <br />Ordinances 04 -154 and 09 -20, authorized the issuance of general obligation bonds <br />in an aggregate principal amount not to exceed $47 million to finance various public <br />improvements of the County. The proposed amendment to the interest rate and <br />redemption provisions within the bond ordinance will allow the County to issue <br />taxable bonds under the American Recovery and Reinvestment Act.) <br />Re: Comm. 802 <br />Intr. bv: Mr. Onishi <br />Waived: FC <br />Amends Ordinance No. 07 -120 of the County of Hawai`i, Pertaining to the Issuance <br />of General Obligation Bonds for the Purpose of Funding Costs of the Waikoloa <br />Workforce Housing Project. {Ordinance 07 -120 authorized the issuance of general <br />obligation bonds in an aggregate principal amount not to exceed $40 million to fund <br />the Waikoloa Workforce Housing Project. The proposed amendment to the interest <br />rate and redemption provisions within the bond ordinance will allow the County to <br />issue taxable bonds under the American Recovery and Reinvestment Act.) <br />Re: Comm. 803 <br />Intr. bv: Mr. Onishi <br />Waived: FC <br />Amends Ordinance No. 08 -106 of the County of Hawai`i, as Heretofore Amended, <br />Pertaining to the Issuance of General Obligation Bonds for the Purpose of Funding <br />All or a Portion of the Costs of Various Capital Improvement Projects for the <br />County. {Ordinance 08 -106, as previously amended, authorized the issuance of <br />general obligation bonds in an aggregate principal amount not to exceed <br />$114,588,700 to fund all or a portion of the costs of various capital improvement <br />projects for the County. The proposed amendment to the interest rate and <br />redemption provisions within the bond ordinance will allow the County to issue <br />taxable bonds under the American Recovery and Reinvestment Act.) <br />Re: Comm. 804 <br />Intr. bv: Mr. Onishi <br />Waived: FC <br />