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HomeMy WebLinkAboutCOM 0411.000 2024-2026C. Kimo Alameda, Ph.D. Mayor William V. Brilhante Jr. Managing Director County of Hawaii Finance Department 25 Aupuni Street, Suite 2103 • Hilo, Hawaii 96720 (808)961-8234 • Fax (808) 961-8569 July 18, 2025 Dr. Holeka Goro Inaba, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Diane Nakagawa Director Malia A. Kekai Deputy Director i r� N 111 C_ c r-- co Re: Bill for an Ordinance Authorizing the Issuance of General Obligation Bonds n C C— C) =r' Attached for your consideration is a bill authorizing the issuance of up to $275,000.00 in general obligation bonds for the County of Hawaii for the purpose of undertaking and financing the costs of a project consisting of the construction, acquisition, and installation of a public water system to serve Iki Place, Kohanaiki Homesteads, North Kona, Hawaii; fixing the form, denomination, and certain details of such bonds; providing for the issuance and sale of such bonds; and providing for other matters or actions pertaining to the issuance and sale of the bonds. Time is of the essence regarding this bill and the accompanying resolutions. We are therefore requesting to waive it from the Finance Committee in order to be placed on the August 6, 2025 Council agenda. If you have any questions, please do not hesitate to call me at 961-8092. Diane Naka awa Director of Finance Enc. c: Treasury <mll fi4'7 Comm. Ref. To: (I Vw 1K) Hawaii County is an Equal Opportunity Employer and Providgf. Date Z MATT KANEALI'I-KLEINFELDER Chairperson JAMES E. HUSTACE Vice Chair HAWAI`I COUNTY COUNCIL County ofHawai'i Hawai'i County Building 25 tlupuni Street Hilo, Hawai `i 96720 July 21, 2025 Dr. Holeka Goro Inaba, Council Chair Hawai'i County Council 25 Aupuni Street Hilo, Hawaii 96720 DR. MICHELLE GALIMBA DR. HOLEKA GORO INABA JENNIFER KAGIWADA ASHLEY L. KIERKIEWICZ HEATHER L. KIMBALL DENNIS "FRESH" ONISHI REBECCA VILLEGAS RE: Bill No. , _ _ 74 : AN ORDINANCE AUTHORIZING THE ISSUANCE OF A GENERAL OBLIGATION BOND OF THE COUNTY OF HAWAI'I IN A PRINCIPAL AMOUNT NOT TO EXCEED TWO HUNDRED SEVENTY-FIVE THOUSAND DOLLARS FOR THE PURPOSE OF FINANCING A PORTION OF THE COSTS OF CONSTRUCTING A PUBLIC WATER SYSTEM SERVING IKI PLACE, KOHANAIKI HOMESTEADS, NORTH KONA, HAWAI'I; FIXING THE FORM, DENOMINATION, AND CERTAIN DETAILS OF SUCH BOND; PROVIDING FOR THE ISSUANCE AND SALE OF SUCH BOND AND FOR OTHER MATTERS OR ACTIONS PERTAINING THERETO. Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawaii, this written request is submitted with my approval that the above -referenced matter be waived from the Committee on Finance to the full Council for immediate action. In reviewing this matter, timely approval is crucial. It is therefore advantageous that approval is granted and the matter be placed onto the next Council agenda for review. However, in the event this request is denied, for whatever reason, I understand the matter shall be referred to the Committee on Finance for placement on its future agenda. Sincerely, Matt Kaneali'i-Kleinfelder, Chairperson Committee on Finance Ave ate/Waive to Council: C50/4 4r,_Z400eoc�, 1c� Holeka Goro Inaba, Council Chair V Hawai'i County Council JUL 21 2025. Disapproved/Date/Refer to FC: Holeka Goro Inaba, Council Chair Hawai'i County Council MKK/lkh