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HomeMy WebLinkAboutCOM 0637.002 2000-2002 OF W ATER-.c - . n 4 v`~4 O ~4 <E - I~~~A#~~IVI~N`I` WA~I~ ~U~'~I.,Y • ~®UNTY HAWAII ~q 345 KEKUANAOA STREET, SUITE 20 HILO, HAWAII 96720 ~r ~R Y GF H0.W R~~~_ TELEPHONE f808) 961-8050 FAX (808) 961 8657 May 29, 2002 ~ . , r Mr. James Y. Arakaki, Chairman, and Council Members Hawaii County Council 25 Aupuni Street Hilo, HI 96720 BILL 223 TO AMEND CIIAPTER 12, IIAWAII COUNTY CODE, RELATING TO IMPROVEMENT DISTRICTS I am writing to urge your support and adoption of Bill 223. This Bill was carefully prepared with mucl: input from the Department of Water Supply, the Department of Finance, and bond counsel. It is intended to broadly facilitate the Improvement District process. Specific411y, it will immediately assist the proposed Water System Improvement District for the Kona Coastview ;.nd Kona Wonderview subdivisions. This is a project strongly supported by the Water Board. It will solve a longstanding problem of over 400 Kona homeowners. In acknowledgement of the USDA Federal grandloan financing package for the proposed Coastview/Wonderview Water Improvement District, Bill 223 allows fora 35-year period to permit the pa;~;nent of principle for an Improvement District bond. It also settles the matter of payment of any cash refunds upon termination of an Improvement District. It provides clear definitions of assessed owners and protocols to assure that property owners in any proposed Improvement District will receive fair and sufficient notice of proposed assessments. These and other provisions will smooth the process to move forward with the upcoming Coastview/Wonderview project. They will also enhance the ability of the County Council, Department of Water Supply, and Department of Public Works to employ the funding mechanism of our Improvement District Ordinance for many other needed infrastructure projects throughout Hawaii County in the years ahead. On behalf of the Water Board, I urge your support and prompt adoption of this legislation. Thank you. Sincerely yours, n . Tolmie r., Chairman ater Board JT: dms Comm. No. ~ File No. Ref. To: VVater bri~2~C~ ~ro~Cre~~... -;,~f, Hate II,,~, (1..,~