BIL 146 Draft 01 2010-2012 - Laserfiche WebLink

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ach and every existing dwelling or dwelling equivalent accessible to a sewer in Hilo to connect to the collection system. For the Kailua Kona Sewerage System, Federal EPA Grant no. C150080 06, condition no. 8 requires the County of Hawai`i to assure the timely hookup of residences to collection sewers] Section 21-5, requires connection to the sewer of lots accessible to a sewer. The connection cost may be financially burdensome for many owners. Therefore, the council finds that, in order to assure that all possible lots are connected to the sewer to meet Federal and State requirements, it is in the public interest to create, in cooperation with a bank or other financial institution, a program by which the County of Hawai`i assists owners to connect to the sewer by guaranteeing loans for this purpose. The guaranteed loan program would allow the owner to get a County-guaranteed loan from the bank or other financial institution after it agrees that the County of Hawai`i shall place a lien on the property at the time the loan closes. The lien would be for the hookup cost, interest, loan fees and loan costs. The County of Hawai`i would guarantee the bank or other financial institution that it will pay the balance of the loan in full should the owner default on the loan. If the owner cannot qualify for a loan, the County of Hawai`i will pay a contractor for the hookup, and charge the same interest rate as the bank or financial institution that handles the County- guaranteed loan program. This law shall cover the sewer connections which will be required in the following increments: Waiakea Houselots 110 lots Waiakea Mill Pond 100 lots Ainako "A" 114 lots Kalaniana`ole Laterals 125 lots Ainako "B" 93 lots (Optional Hookups) 100 lots Ali`i Drive "A"—"F" 200 lots Honoka`a 100 lots" SECTION 3. Chapter 21, article 5, section 21-42 of the Hawai`i County Code 1983 (2005 Edition, as amended) is repealed: "Section 21-42. [Connection ntract.] Reserved. (a) Prior to notification of the owners within an increment pursuant to section 21 5, the director shall authorize a request for proposal for licensed contractors to connect all of the properties an estimate for the cost of connection for each property in the increment. (b) As a condition of selection by the County of a pfeposal, a contractor submitting a proposal sewer at the price estimated in the proposal. (c) The director shall inform the mayor and the County council of the selected proposal. (d) All guaranteed borrowers shall have their properties connected to the sewer by the by the County of Hawai`i.]" 2