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HomeMy WebLinkAboutORD 2025-041 2024-2026COUNTY OF HAWAIII STATE OF HAWAII BILL NO. 43 ORDINANCE NO. 25 41L AN ORDINANCE AMENDING ORDINANCE NO. 23-40, WHICH AMENDED ORDINANCE NO.22-125, WHICH AUTHORIZED THE MAYOR TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR A STATE WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR WASTEWATER PUBLIC IMPROVEMENT PROJECTS AND AUTHORIZED THE ISSUANCE OF $17,000,000 GENERAL OBLIGATION BONDS FOR THE PURPOSE OF FINANCING QUALIFIED WASTEWATER PUBLIC IMPROVEMENTS OF THE COUNTY OF HAWAI`I. BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAI`I: SECTION 1. The title of Ordinance No. 23-40 is hereby amended to read as follows: "AN ORDINANCE AUTHORIZING THE MAYOR OF THE COUNTY OF HAWAN TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR A STATE WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR WASTEWATER PUBLIC IMPROVEMENT PROJECTS; AND AUTHORIZING THE ISSUANCE OF [$7,000,0001$52,000,000 GENERAL OBLIGATION BONDS OF THE COUNTY OF HAWAI`I FOR THE PURPOSE OF FINANCING QUALIFIED WASTEWATER PUBLIC IMPROVEMENTS OF THE COUNTY OF HAWAIT' SECTION 2. Section 1 of Ordinance No. 23-40 is hereby amended to read as follows: "SECTION 1. Request for Loan. The County of Hawaii, pursuant to Section 342D-54, Hawai'i Revised Statutes, will be submitting an application for a State Water Pollution Control Revolving Fund Loan (SRF Loan) to the Director of the Department of Health, State of Hawaii, to finance the Wastewater projects listed in fExhibit 4 DFaf} 2] Exhibit A, Draft 3". L Under the terms and conditions anticipated with regard to such SRF loan, the County shall repay, over a term of twenty years, the principal amount, which shall not exceed [ ], $52,000,000 at a fixed rate of interest which shall not exceed the Bond Buyer's 20-year general obligation bond issue." SECTION 3. Section 2 of Ordinance No. 23-40 is hereby amended to read as follows: "SECTION 2. Authorization of Mayor. The Council hereby authorizes the Mayor to execute all necessary intergovernmental agreements and documents between the State of Hawai'i and the County of Hawai'i, relating to the SRF to finance the Wastewater projects listed in "[Exhibit o D fa 2] Exhibit A, Draft 3." SECTION 4. Material to be repealed is bracketed and stricken. New material is underscored. SECTION 5. The only changes to Ordinance 23-40 are reflected solely in the monetary amount indicated in the Ordinance Title, Section 1, Exhibit A, Draft 2, which has been replaced with a new exhibit labeled as Exhibit A, Draft 3, and the reference made to Exhibit A, Draft 2 in Section 2. SECTION 6. Severability. If any provision of this ordinance, or the application thereof to any person or circumstance, is held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid provision or application, and to this end, the provisions of this ordinance are declared to be severable. SECTION 7. Effective Date. This ordinance shall take effect upon its approval. INTRODUCED BY: Q� COUNCIL MEMBEh,,CD_UNtY OF HAWAVI Kona , Hawai`i Date of Introduction: April 16, 2025 Date of 1st Reading: April 16, 22025 Date of 2nd Reading: May 7, 2025 Effective Date: May 28, 2025 REFERENCE Comm. 225 [EXHIBIT A DRAFT 2] EXHIBIT A, DRAFT 3 WASTEWATER PROJECT (SRF FUNDED) Project Department of Environmental Management: Amount Hilo WWTP Rehabilitation and Replacement Project Phase 1 $42,000,000 Hilo WWTP Rehabilitation and Replacement Project Phase 2 $10,000,000 OFFICE OF THE COUNTY CLERK F, County of Hawaii Kona, Hawaii Introduced By: Matt Kaneali'i-Kleinfelder (B/R) Date Introduced: April 16, 2025 First Reading: April 16, 2025 Published: April 25, 2025 Second Reading: May 7, 2025 To Mayor: May 20, 2025 Returned: May 28, 2025 Effective: May 28, 2025 Published: June 6, 2025 REMARKS: COUNTY CLERK G:OUNTY!OF HAWPA 2025 MAY 28 PIN 3- 39 ROLL CALL VOTE AYES NOES ABS EX Galimba X Hustace X Inaba X Kagiwada X Kaneali`i-Kleinfelder X Kierkiewicz X Kimball X Onishi X Villegas X 9 0 0 0 ROLL CALL VOTE AYES NOES ABS EX Galimba X Hustace X Inaba X Kagiwada X Kaneali`i-Kleinfelder X Kierkiewicz X Kimball X Onishi X V illegas X 8 0 .1 0 I DO HEREBY CERTIFY that the foregoing BILL was adopted by the County Council published as indicated above. C4pprove)Disqpproved this g&44-) day of 20 MAYOR, CO UNTY OF HA WAI `1 e� COUNCIL CHAIRPERSON TY CLERK 43 W Reference: C-225/Waived FC Ord No.: 25 41