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William P..Kenoi , �'+sv or.. Nancy E.Crawford <br /> 1 : <br /> Mayor ••, \16i 74 Director <br /> •: �- Deanna S.Sako <br /> Deputy Director <br /> OF N0• <br /> County of Hawaii• <br /> Finance Department <br /> 25 Aupuni Street, Room 2103 • Hilo,Hawaii 96720 <br /> (808)961-8234 • Fax(808)961-8569 <br /> .ca <br /> March 28, 2014 p <br /> Mar <br /> J Yoshimoto,Council Chair and <br /> Members of the Hawai.`i County Council c° tt -C <br /> Hawai`i County Council ?s r- <br /> 25 Aupuni Street -- p <br /> Hilo, Hawaii 96720 >.= <br /> Re: Amending the Bond Authorization Ordinance <br /> Enclosed is a bill for an ordinance that amends Ordinance 08-106, as amended by Ordinance Nos. 09-92, <br /> 09-92A, 10-56 and 13-58 authorizing the issuance of general obligation bonds for financing public <br /> improvements. The purpose of this measure is to amend the Ordinance's attachment noted as Exhibit A, <br /> Draft 5 by replacing it with a new exhibit labeled Exhibit A, Draft 6. <br /> This amendment to the exhibit is to adjust funding for Kealekehe Wastewater.Treatment Plant(WTP) <br /> Aeration Upgrade and remove funding for Kealekehe WTP Sludge Removal projects due to the <br /> Department of Environmental Management's acquisition of State Revolving Fund(SRF)financing for <br /> these projects. <br /> The funds made available from the sludge removal project($3,000,000)will be re-directed for much <br /> needed island-wide capital repair and replacement of wastewater facilities. This will provide the <br /> Wastewater Division with additional funding to address a backlog of projects. The funds made available <br /> from the aeration upgrade($2,650,000)will allow the Housing Agency to continue with construction of <br /> houses at Kamakoa Nui. This project has been very successful and there is continuing demand for these <br /> homes for our working families. <br /> If there are any questions,please do not hesitate to call me at 961-8234. <br /> Nanc Crawford . <br /> Finance Director <br /> Enc. <br /> Approv • <br /> William P.Kenoi <br /> Mayor <br /> Comm. No. I"' <br /> 'ar6 Ref. To: F <br /> Ref. Date MAR 11 2111! <br /> Hawai'i County is an Equal Opportunity Provider and Employer <br />