RES 074 Draft 01 2010-2012 - Laserfiche WebLink

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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. In consideration of the foregoing, the Council further finds, in accordance with Section 12- 10(i), Hawai`i County Code, that the creation of the Improvement District encompassing the Subdivision as described in the Manager's Report, and the construction, acquisition, and installation of a water system for the Improvement District, all as contemplated in this Resolution, is in the public interest. 2. Proposal to Establish Improvement District. The Council proposes the creation of the Improvement District, which shall encompass the Subdivision, and the construction, acquisition, and installation of a water system for the Improvement District, upon the terms and conditions set forth in the Manager's Report, including the following terms and conditions: a. Special Improvements to be Opened, Constructed, or Improved. The special improvements shall be for the design, construction, acquisition, and installation of a public water system for the Improvement District consistent with applicable DWS standards, which shall be owned, operated, and maintained by DWS. The special improvements shall include the removal of all existing meters and laterals within the 4