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improvement district has been terminated, will be paid from/deposited to the improvement district <br /> revolving fund pursuant to section 12 -49, Hawai`i County Code. <br /> SECTION 5. The redemption date fixed in the call for redemption of all outstanding <br /> Improvement District No. 17 bonds of January 1, 2011 has passed. <br /> SECTION 6. In the event that any provision of this ordinance is declared invalid, the <br /> invalidity shall not affect other provisions or applications of this ordinance. <br /> SECTION 7. This ordinance shall take effect upon its approval. <br /> INTRODUCED BY: <br /> 9/C/ "-- <br /> COUNCIL MEMBER, COUNTY OF HAWAII <br /> , Hawai`i <br /> Date of Introduction: <br /> Date of 1st Reading: <br /> Date of 2nd Reading: <br /> Effective Date: <br /> REFERENCE' Comm. 249 <br /> 2 <br />