RES 653 Draft 01 2016-2018 - Laserfiche WebLink

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-2- 11. To acquire and maintain suchinsrare and fidelityboni coverage as maybe required by the Governneni. 12. To establish and maintain suchbooks and records relating to tie operation of the facility and its financial affairs and to provide for required ardit thereof as required y tls Govern/want to provide tie Government a copy of eachsuchardit witlnutits request,and to forward to tie Govenurent such additional information and reports as it may from time to tine require. 13. To provide the Government at all reasonable times access to allbooks and records relatirg to tie facility and access to tie property of the system so that tie Government nay ascertain that the Association is complying with the provision lereofani of tie inutrunerts incident to tie making or intsurirg of the loan. 14. That if the Go'ernuterd requires that a reserve account be established,disbursements from that account(s)may be used wlenrecessatyfor paynents due on the bond ifsufficient funis are rot otherwise available and pricy approval of the Government is obtaired. Also,with tie prior writtenapproval of tie Government,funis maybe withirawn and used for such things as energency maintenanoe,extensions to facilities and replacement of short lived assets. 15. To provide adequate s ervice to all persons within tie s ervice area who can feasrb ly and legallybe served ani to oh fain USDA's concurrence prior to refusing rew or adequate services to such persons.Upon faihue to provide services which are feasible and legal,such person shall have a direct right of action aganut tie Association or public body. 16. To eonnplywith tie measures identified in the Government's envircamental impact analysis for this facility for the par'. pose of avoiding or reducing the adverse environmental impacts of tie facility's construction or operation. 17. To accept agrart in an amount not to exceed$ONE MILLION SEVENTY-ONE THOUSAND AND NO/100 DOLLAR S($1 A71 DOD) undertle tants offered.b y tie Govennurent;that tie MAYOR,DIRECTOR OF ENNARONMENTALMANABBO ENT,FINANCE DIRECTOR COUNCIL CHAIR ani_____ of the Association are lereby arthDnlred ani enpowered to take all action necessary or appropriate intim execution ofall written instilment;as mayb e required in regard to oras evidence of such grant;anti to operate the facilityunder tie terms offered in said grant agreenent(s). The provisions lereofamid t e provisions of all instruments incident to tie making or tie insuring of tie loan,unless otherwise specifically provided b y the terms of such inmtrunent, shall be bindimg upon the Association as long as tie bonds are held or insured by the Gomm/mitt or assignee.The provisions of sections 6 through 17}meat'maybe provided for in more specific detail intim bond resolution or ordinance; to tie extent that the provis ions oontaimed in suchbond resolution or ordinance should be fount to be inconsistentwith tie provisions hereof, these provisions shall be construed as controlling between tie As sociation and tie Government or assignee. The vote was: Yeas Nays Absent IN WITNESS WHEREOF,the COUNTY COUNCIL softie COUNTY OF HAWAII has duly adopted this resolution and caused it iobeexecutedbytheofBcersbelowinduplicateonthis day 2018 ,�,�,.�..,� _. _ ._ of (SEAL) By COUNCIL CHAIR Attest: Title Title COUNTYCLER K A-2