RES 041 Draft 01 2010-2012 - Laserfiche WebLink

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Improvement District is being considered by the USDA, subject to the conditions specified therein; and WHEREAS, the total amount of RUS grant and loan funds, together with a $47,000 applicant contribution specified in the USDA Letter of Conditions, is sufficient to pay the estimated cost of the proposed Improvement District (as further discussed herein) and, in view of the potential benefits of such funding, DWS is proceeding with the actions necessary to satisfy the conditions specified in the USDA Letter of Conditions in order to obtain a firm commitment of the RUS grant and loan funds for the Improvement District; and WHEREAS, a public meeting was held with respect to the proposed Improvement District on November 17, 2010, which was attended by over 50 residents of the Subdivision; and WHEREAS, upon consideration of the community interest expressed for the proposed Improvement District, the findings, conclusions and recommendations set forth in the Manager's Report, and the potential benefits of the available RUS grant and loan funds, the Council has determined to proceed with further actions regarding the potential establishment and funding of the Improvement District; now, therefore, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that pursuant to Section 12 -10, Subsection (c) of the Hawaii County Code, it proposes the making of the improvement described herein based on the following: 1. C_ ertain Findings and Determinations The Council hereby ratifies and confirms Resolution No. 47 -07, and approves and adopts the findings, conclusions, and recommendations specified in the Manager's Report (Communication No. 989) dated October 21, 2010. Without limiting the generality of the foregoing, the Council concurs with the findings and conclusions specified in the Manager's Report to the effect that the establishment of the Improvement District will provide significant benefits to the health, safety, and welfare of the residents of the Subdivision, including: a. The installation of underground waterlines, constructed and installed in accordance with DWS standards, will eliminate the need for private catchment systems, alleviate potential leakage problems associated with long overland pipes currently serving a portion of the Subdivision, and provide residents with a reliable water supply and regular water pressure; and b. The installation of fire hydrants will afford a greater measure of public safety and homeowner security in the Subdivision, and may potentially result in lower fire insurance premiums for owners within the Subdivision.