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JN�V Oi N,' ,' <br /> COUNTY OF HAWAII - • `' '! R` STATE OF HAWAII <br /> Ott oF.M'.1 <br /> BILL NO. 54 <br /> ORDINANCE NO. <br /> AN ORDINANCE AMENDING ORDINANCE NO. 11-40 OF THE COUNTY OF HAWAII, <br /> PERTAINING TO THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR THE <br /> PURPOSE OF FINANCING VARIOUS PUBLIC IMPROVEMENTS DESCRIBED THEREIN. <br /> BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br /> SECTION 1. Section 2 of Ordinance No. 1 1-40 is amended to read as follows: <br /> "SECTION 2. Authorization of Bonds. There are hereby authorized for issuance and <br /> sale, in one or more series, Bonds of the County, in an aggregate principal amount not to exceed <br /> $56,000,000, for the purpose of funding all or a portion of the costs (including costs of issuance <br /> of the Bonds) of public improvement projects authorized and set forth as follows: <br /> Project Description Estimated Cost <br /> Kawaihae Housing Closure [1,600,000] 308,667.45 <br /> Kaloko Housing Project [2,300,000] 3,591,332.55 <br /> Pool Drainage Covers 500,000 <br /> Puna Park—New Park Development 5,500,000 <br /> Kikala-Keokea New Park Development 100,000 <br /> North Kohala Recreational Facilities Repair and Upgrade 2,000,000 <br /> Banyan Beach Parking Lot 300,000 <br /> Kapi`olani Street Extension 8,700,000 <br /> Puna Makai Alternate Roadway(PMAR) 500,000 <br /> La'aloa Extension 20,000,000 <br /> Energy Efficiency Upgrades(DPW) 4,000,000 <br /> Hawaiian Ocean View Estates Solid Waste <br /> Transfer and Recycling Station 3,000,000 <br /> Kalaniana`ole Interceptor Sewer Rehabilitation Phase 2 6,900,000 <br /> LWaimea Recycle and Transfer Station Garage 100,000 <br />