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_.-JMtY,os p-, <br /> William P.Kenoi Nancy E. Crawford <br /> Mayor 4�' 'A',W/ <br /> Director <br /> .• 111. � r7.', <br /> Deanna S. Sako <br /> •+r:� a.•".�'�`_ Deputy Director <br /> 7TE os•M'�County of Hawaii <br /> Finance Department <br /> 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 — <br /> (808)961-8234 • Fax(808)961-8569 s 7") <br /> December 21, 2012 <br /> J Yoshimoto, Council Chair and <br /> Members of the Hawai`i County Council <br /> Hawai`i County Council ? <br /> 25 Aupuni Street <br /> Hilo, Hawai`i 96720 <br /> Re: Wastewater Improvement Project <br /> The State Department of Health has indicated that funding through the State Water Pollution <br /> Control Revolving Fund Loan Program will be available for the following project: <br /> Kealakehe Wastewater Treatment Plant Aeration Upgrade <br /> and Sludge Removal: $12,000,000 <br /> Enclosed is a bill for an ordinance authorizing the Mayor to enter into an intergovernmental <br /> agreement for a State Water Pollution Control Revolving Fund Loan (SRF) of$12,000,000 and <br /> authorizing the issuance of general obligation bonds for the purpose of financing this improvement <br /> project. <br /> Pursuant to the County Procedures Manual for Participation in the Hawai`i State Revolving Fund <br /> Loan Program, prepared by the Wastewater Branch of the Hawai`i Department of Health in April <br /> 1994,part of the loan application process requires a"resolution or ordinance passed by the County <br /> Council which authorizes the SRF loan application and identifies the dedicated source(s) of revenue <br /> (i.e., general obligation bonds) which will fund the project and repayment of the loan with interest." <br /> The Council's authorization of the issuance of general obligation bonds will serve as a pledge of its <br /> general obligation authority as security for repayment of the loan and interest. <br /> If there are any questions, please do not hesitate to call Lyle Hirota of the Department of <br /> Environmental Management at 961-8333. <br /> NA/gA44461 <br /> Nancy Crawford <br /> Director of Finance <br /> Enc. Comm. No. <br /> Ref.To: PC.- <br /> Ccc: Environmental Management Ref. Date C 2 4 2012 <br /> ` 3I " fa) Hawaii County is an Equal Opportunity Provider and Employer <br />