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Home My WebLink AboutCOM 0847.000 1998-2000 o~MVV or y~' Stephen K. Yamashiro Harry A. Takahashi Mayor Director S. K. Schutte Deputy Couu of DEPARTMENT OF FINANCE 25 Aupuni Street, Room 118 • Hilo, Hawaii 96720-4252 (808) 961-8234 • pa.(808)961-8248 July 12, 2000 The Honorable James Y. Arakaki, Chairman and Members of the Council County of Hawaii 25 Aupuni Street Hilo, Hawaii 96720 Dear Chairman Arakaki: Pursuant to Chapter 47C, Hawaii Revised Statutes, I enclose for filing the tabular summary of bonded indebtedness of the County of Hawaii as of June 30. 2000. Concurrences by the Chairman of the Finance Committee and the Corporation Counsel are attached. Very truly yours, Dixie Kaetsu Acting Director of Finance Encls. Comm. No. 7 File No. Ref. Tot C Ref. Date`JUL 1 2 20 J~(Y Oi„ Stephen K. Yamashiro Harry A. Takahashi Mayor Director S. K. Schulte (ri oswi'M~ Deputy Couutp of T"atnatt DEPARTMENT OF FINANCE 25 Aupuni Sheet, Room 118 • Hilo, Hawaii 967204252 (808) 961-8234 • Fax(808)961-8248 July 03, 2000 Mr. Richard Wurdeman Corporation Counsel County of Hawaii 25 Aupuni Street Hilo, Hawaii 96720 Pursuant to the provisions of Chapter 47C, Hawaii Revised Statutes, I submit for your review and concurrence a tabular summary (with supporting schedules) of the net funded debt of the County of Hawaii as of June 30, 2000. The attached tabular summary requires concurrences from both the Chairman of the Finance Committee and the Corporation Counsel. If you concur with this summary, please sign and return the original of this letter and keep the copy for your files. If you disagree with any item, please indicate the item of disagreement and your reasons therefor. After receiving your responses, I must transmit the summary and your responses to the County Council for its action. Thank you very much for your prompt attention to this matter. Please call me if you have any questions. Dixie Kaetsu Acting Director of Finance Encl. I cur o not concur with the tabular summary of the net funded debno 0ounty f aii as of June 30, 2000. Reaso f c r nce, if any: s- Corporation Counsel County of Hawaii ) Date: ~7 l 4puM~ h4_' Stephen K. Yamashiro;;II _ Harry A. Takahashi Mayor - Director S. K. Schutte Ott of.N'~~ r 1 7 Dryuty Countp of ~abnait I DEPARTMENT OF FINANCE 25 Aupuni Street, Room 118 • Hilo, Hawaii 96720-4252 (808) 961-8234 • Fax (808) %1-8248 July 03, 2000 Mr. Aaron S.Y. Chung Chairman, Finance Committee County Council County of Hawaii Hilo, Hawaii 96720 Pursuant to the provisions of Chapter 47C, Hawaii Revised Statutes, I submit for your review and concurrence a tabular summary (with supporting schedules) of the net funded debt of the County of Hawaii as of June 30, 2000. The attached tabular summary requires concurrences from both the Chairman of the Finance Committee and the Corporation Counsel. If you concur with this summary, please sign and return the original of this letter and keep the copy for your files. If you disagree with any item, please indicate the item of disagreement and your reasons therefor. After receiving your responses, I must transmit the summary and your responses to the County Council for its action. Thank you very much for your prompt attention to this matter. Please call me if you have any questions. C1~ Dixie Kaetsu Acting Director of Finance Encl. I concur/d nb &~tr with the tabular summary of the net funded debt of the County of Hawaii as of June 30, 2000. Reasonon-concurrence, if any: Chairman, Finance Co ittee County Council, County of Hawaii Date: l/~/dam COUNTY OF HAWAII Statement of Funded Debt July 1, 2000 1. Total Principal Amount of County Bonds Outstanding and Unpaid: a. County General Obligation Bonds $ 149,255,200 (Schedule A) b. Special Assessment Bonds $ 11,305,000 (Schedule B) c. Other Indebtedness $ 1,135,139 (Schedule C) d. State Revolving Fund Loans $ 32,781,475 (Schedule D) Grand Total of Bonds Outstanding and Unpaid $ 194,476,814 2. Exclusions from Grand Total: a. General Obligation Bonds maturing $ 8,019,900 in current fiscal year (Schedule A) b. Special Assessment Bonds $ 11,305,000 (Schedule B) c. State Revolving Fund principal $ 1,712,624 maturing in current fiscal year (Schedule D) d. General Obligation Bonds $ 10,722,800 Reimbursable by the County Department of Water Supply (Schedule E) Total Exclusions $ 31,760,324 Net Funded Debt of the County of Hawaii $ 162,716,490 July 1, 2000 SUPPORTING SCHEDULES Statement of Funded Debt as of July 1, 2000 (Based on Records in Finance Department) Schedule A County General Obligation Bonds: Principal Amount General Obligation Outstanding Bonds Maturing in July 1, 2000 Current FY June 15, 1977 276,000 17,000 June 1, 1981 503,000 21,000 December 1, 1998 3,700,000 900,000 May 1, 1993 65,260,000 3,620,000 February 1, 1996 27,795,000 1,195,000 March 12, 1996 680,500 30,000 February 25, 1997 3,614,500 141,500 June 4, 1998 756,200 10,400 August 15, 1999 30,000,000 - August 15, 1999 16,670,000 2,085,000 Tota County General Obligation Bonds 149,255,200 8,019,900 Schedule B Special Assessment Bonds: Principal Amount Outstanding 8/01/91 Kaloko Subdivision (17) 11,305,000 Schedule C Other Indebtedness: Principal Amount Outstanding Kulaimano Elderly Housing Project Mortgage (FmHA) 1,135,139 Schedule D Principal Amount Principal Maturing State Revolving Fund Loans: Outstanding in Current FY Hilo WWT Phase II 9,072,435 599,219 Waiakea Houselots Sewer 328,832 21,719 Waiakea Mill Pond Sewer 982,664 59,487 Kealakehe Effluent Disposal 980,874 59,379 Alii Drive Interceptor A & B 2,260,024 134,246 Ainako Interceptor A & B 1,723,666 103,613 Alii Drive Interceptor C & D 3,125,125 173,128 Kalanianaole Collector Sewer 1,276,025 65,734 Waiaha Bay SPS 3,089,704 150,782 Alii Drive Interceptor E & F 1,644,366 81,546 Holualoa Sewer Pump Station 2,746,987 127,583 Paukaa Community Collector 1,894,693 57,342 Waiakea Houselots Phase II 3,656,080 78,846 32, 781,475 1,712,624 Schedule E General Obligation Bonds Reimburseable by the County Department of Water Supply: June 1, 1981 503,000 December 1, 1989 (Refunding) 2,350,000 May 1, 1993 8,040,000 June 4, 1998 756,200 11,649,200 Less Amount Already Excluded (926,400) 10,722,800