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COM 0084.000 2018-2020
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COM 0084.000 2018-2020
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Last modified
2/14/2019 1:46:53 PM
Creation date
1/24/2019 9:23:35 AM
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Communications
Communications - Type
COM
Communications - Council Term
2018-2020
Communication
0084
Point
000
Author
Deanna S. Sako, Director of Finance
Communications - Referred To
COUNCIL
Document Relationships
AGE COUNCIL 2019-02-05 2018-2020
(Related)
Path:
\Council Records\Agendas\2018-2020\Council
AGE COUNCIL 2019-02-20 2018-2020
(Related)
Path:
\Council Records\Agendas\2018-2020\Council
BIL 020 Draft 01 2018-2020
(Related To)
Path:
\Council Records\Bills\2018-2020
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OJMty of M��7 <br /> ir <br /> Harry Kim : Deanna S. Sako <br /> �Ll <br /> Mayor ,,, ' Director <br /> iPt• or <br /> - f,-r <br /> C <br /> County of Hawaii ac) <br /> Finance Departmentrn <br /> 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 .p -1::;40 <br /> (808)961-8234 • Fax(808)961-8569 <br /> January 16, 2019 <br /> Aaron Chung, 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 Lanihau wastewater pump station handles sewage in the vicinity of the Ali`i <br /> Drive/Palani/Ka`ahumanu Place intersection. The station's cast-iron Force Main pipe is 55-years <br /> old and at the end of its useful life, requiring the replacement of an approximately 677-foot section. <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$1,500,000 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 /> Time is of the essence in this matter to perform this project. The Department of Environmental <br /> Management therefor requests that this bill be waived from the Finance Committee and be placed <br /> on the February 5, 2019 Council agenda. If there are any questions, please do not hesitate to call <br /> Robin Bauman of the Department of Environmental Management at 981-8179. <br /> Deanna S. Sako <br /> Director of Finance <br /> Enc. <br /> Comm. No. YA <br /> c: Environmental Management 01 II aO) Ref.To: MI�Wl f C) <br /> Hawaii County is an Equal Opportunity Provider and Employer Ref. Date JAN 1 8 201g <br />
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