HomeMy WebLinkAboutCOM 0309.000 2000-2002 ~J~~V of Nq~'
Harry Kim ~ ,,I~;~; William T. Takaba
Mayor ; ~ Director
' Michael N. Okumoto
~ ° "•°~s~'~~ Treasurer
gi'r'o f'µt
County of Hawaii
DEPARTMENT OF FINANCE
TREASURY DIVISION
25 Aupuni Street, Room 112 Hilo, Hawaii 96720-4252
(808) 961-8351 (808) 961-8330 (FAX)
August 14, 2001
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. 2001.
Concurrence by the Chairman of the Finance Committee and the Corporation
Counsel are attached.
Very truly yours,
William T. Tal aba
Director of Finance
Encls.
Comm. No, _
;F`ile No.
~ - -
Ref. To:~,..~..
;R,ef. mate AUG 1 ~ ~
ry William T. Takaba
Har Kim
Mayor Director
Michael N. Okumoto
6• awe
~,r• OR M''~~' Treasurer
County of Hawaii
DEPARTMENT OF FINANCE
TREASURY DIVISION
25 Aupuni Street, Room 112 Hilo, Hawaii 96720-4252
(808) 961-8351 (808) 961-8330 (FAX)
August 8, 2001
Mr. Aaron S.Y. Chung
Chairman, Finance Committee
County Council
County of Hawaii
Hilo, Hawaii 96720
Pursuant to the provisions of Chapter 4~7C, 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 July 1, 2001.
The attached tabular summary requires concurrence 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.
a,
_ s-
William T. Taka a
Director of Finance
Encl.
I concur/d with the tabular summary of the net funded debt of the County of Hawaii as
of July 1, 2001. Reasons for non-concurrence, if any:
Chairman, Finance Com 'tee
County Council, Count awaii
Date: ~ ~
~tV 06 p~_
Harry Kim h;,~; William T. Takaba
Mayor Director
Michael N. Okumoto
OF~N>
County of ~Iawaii
DEPARTMENT OF FINANCE
TREASURY DIVISION
25 Aupuni Street, Room 112 • Hilo, Hawaii 96720-4252
(808) 961-8351 (808) 961-8330 (FAX)
August 8, 2001
Mr. Lincoln Ashida
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 July 1, 2001.
The attached tabular summary requires concurrence 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.
William T. Takaba
Director of Finance
Encl.
I one do not concur with the tabular summary of the net funded debt of the
County of Hawaii as of July 1, 2001. Reasons for non-concurrence, if any:
Corporation Counsel
County of Hawaii
Date: AUG 1 0 2~1
COUNTY OF HAWAII
Statement of Fended D~~t
July 1, 2001
1. Total Principal Amount of County Bonds
Outstanding and Unpaid:
a. County General Obligation Bonds $ 141,235,300
(Schedule A)
b. Special Assessment Bonds $ 10,760,000
(Schedule B)
c. Other Indebtedness $ 1,117,954
(Schedule C)
d. State Revolving Fund Loans $ 34,394,028
(Schedule D)
Grand Total of Bonds Outstanding and Unpaid $ 187,507,282
2. Exclusions from Grand Total:
a. General Obligation Bonds maturing $ 8,370,900
in current fiscal year
(Schedule A)
b. Special Assessment Bonds $ 10,760,000
(Schedule B)
c. State Revolving Fund principal $ 1,970,262
maturing in current fiscal year
(Schedule D)
d. General Obligation Bonds $ 9,769,900
Reimbursable by the County
Department of Water Supply
(Schedule E)
Total Exclusions $ 30,871,062
Net Funded Debt of the County of Hawaii $ 156,636,220
July 1, 2001
SUPPORTING SCHEDULES
Statement of Funded Debt as of
July 1, 2001
(Based on Records in Finance Department)
Schedule A
County General Obligation Bonds: Principal Amount General Obligation
Outstanding Bonds Maturing in
July 1, 2001 Current FY
June 15, 1977 259,000 18,000
June 1, 1981 482,000 22,000
December 1, 1998 2,800,000 900,000
May 1, 1993 61,640,000 3,805,000
February 1, 1996 26,600,000 1,260,000
March 12, 1996 650,500 31,500
February 25, 1997 3,473,000 148,500
June 4, 1998 745,800 10,900
August 15, 1999 30,000,000 -
August 15, 1999 14,585,000 2,175,000
Total County General
Obligation Bonds 141,235,300 8,370,900
Schedule B
Special Assessment Bonds: Principal Amount
Outstanding
8/01/91 Kaloko Subdivision (17) 10,760,000
edule C
Other Indebtedness: Principal Amount
Outstanding
Kulaimano Elderly Housing
Project Mortgage (FmHA) 1,117,954
Srhedu~~ D
Principal Amount Principal Maturing
State Revolving Fund Loans: Outstanding in Current FY
Hilo WWT Phase II 8,473,216 614,199
Waiakea Houselots Sewer 307,113 22,262
Waiakea Mill Pond Sewer 923,177 60,974
Kealakehe EfFluent Disposal 921,496 60,863
Alii Drive Interceptor A & ~ 2,125,778 138,004
Ainako Interceptor A & S 1,621,540 105,398
Alii Drive Interceptor C & D 2,951,997 176,713
Kalanianaole Collector Sewer 1,210,291 67,734
Waiaha Bay SPS 2,927,745 166,493
Alii Drive Interceptor h & F 1,793,221 90,282
Holualoa Sewer Pump Station 2,616,357 134,605
Paukaa Community Collector 2,000,587 90,121
Waiakea Houselots Phase II 4,408,062 200,703
Pahoehoe 2,113,448 41,911
34,394,028 1,970,262
Schedule
General Obligation Bonds Reimburseable
by the County Department of Water Supply:
June 1, 1981 482,000
December 1, 1989 (Refunding) 1,900,000
May 1, 1993 7,595,000
June 4, 1998 745,800
10,722,800
Less Amount Already excluded (952,900)
9,769,900