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trOJNtY OF <br /> COUNTY OF HAWAII : : ---_- _ : STATE OF HAWAII <br /> TE Of•M►' <br /> BILL NO. 14 <br /> ORDINANCE NO. 1_1 23 <br /> AN ORDINANCE AUTHORIZING THE ISSUANCE OF UP TO $4,000,000 <br /> AGGREGATE PRINCIPAL AMOUNT OF GENERAL OBLIGATION BONDS OF <br /> THE COUNTY OF HAWAII FOR THE PURPOSE OF FUNDING ALL OR A <br /> PORTION OF THE COSTS OF A LANDFILL GAS COLLECTION AND CONTROL <br /> SYSTEM FOR THE COUNTY'S WEST HAWAII SANITARY LANDFILL AT <br /> PU'UANAHULU; FIXING THE FORM, DENOMINATIONS, AND CERTAIN <br /> OTHER DETAILS OF SUCH BONDS AND PROVIDING FOR THEIR SALE TO <br /> THE PUBLIC; AND AUTHORIZING THE TAKING OF OTHER ACTIONS <br /> RELATING TO THE ISSUANCE AND SALE OF THE BONDS. <br /> BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br /> SECTION 1. Findings and Determinations. The County Council hereby <br /> determines and finds that it is advisable, expedient and in the best interest of the County to <br /> authorize the issuance, sale and delivery of general obligation bonds of the County in an aggregate <br /> principal amount not to exceed $4,000,000 (the "Bonds") for the purpose of funding all or a <br /> portion of the costs (including costs of issuance of the Bonds) of a Landfill Gas Collection and <br /> Control System for the County's West Hawai'i Sanitary Landfill at Pu'uanahulu (the <br /> "Project"). <br /> SECTION 2. Authorization of Bonds. There are hereby authorized for issuance <br /> and sale, in one or more series, Bonds of the County in an aggregate principal amount not to <br /> exceed $4,000,000, for the purpose of funding all or a portion of the costs (including costs of <br /> issuance of the Bonds) of the Project. <br /> SECTION 3. Details of Bonds. The Bonds authorized for issuance and sale in <br /> Section 2 hereof shall be issued and sold in one or more series, or as part of one or more series of <br />