HomeMy WebLinkAboutBIL 126 Draft 01 2002-2004 COUNTY OF HAWAII STATE OF HAWAII
BILL NO. 126
ORDINANCE NO.
AN ORDINANCE AMENDING ORDINANCE NO. 03-49 OF THE COUNTY
OF HAWAII, ADOPTED ON MARCH 25, 2003, RELATING TO THE
ISSUANCE OF GENERAL OBLIGATION BONDS
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII:
SECTION 1. Section 1 of Ordinance No. 03-49 is hereby amended as follows:
"SF.C'IION 1. Findings and Determinations. The County Council has determined to
authorize the issuance and sale of general obligation bonds (the "Bonds'") of the County in a
principal amount not to exceed $36.312,650, the proceeds derived fmm the sale of which arc to
be expended by the County to finance the Kahului-Keauhou Parkway (also called Ali'i Parkway
or Kc Ala O Keauhou), the Americans with Disabilities Act (ADA) Ramp Compliance project,
the ADA Parks Facilities Compliance project, the Pahoa Village Resource Park, the Waikoloa
Hobko Street Park, the Public Safety Complex lividence Warehouse/Radio Shop Complex, the
ADA Department of Public Works Facilities, ADA Playground Equipment Upgrades, Kuakini
Highway Improvements. Ali`i Drive Oneo Bay Improvements, Waimea Trails and Greenways,
Keopu I leights Feasibility Study, Palai Stream Feasibility Study, Upper Waiakea Stream
Feasibility Study, South Hilo Landfill Closure--SORT Station, Queen Liliuokalani Collector
Sewer, Kealakehe Effluent Disposal. West Hawaii County Building (Civic Center), Puna
County Complex, Fire Administration Facility, and the Captain Cook (South Kona) Police
Station, which are authorized by Ordinance Nos. 00-64. 01-56, [andl 02-77 and 03-90, as
amended. It is hereby further found and determined that it is advisable and in the best interest of
the County to authorize the issuance and sale of general obligation bonds of the C ounty in the
maximum principal amount of $36,312,650, the proceeds derived from the sale of which shall be
used as for the purposes hereinabovc described."
SECTION 2. Material to be deleted is bracketed. New material is underscored.
In printing this ordinance, the brackets, bracketed material, and underscoring
need not be included.
SECTION 3. This Ordinance shall take effect upon its approval.
Introd d By:
V'°` °1
U G'
COUNCIL MEMBER, COU OF HAWAII
Hawaii
Date of Introduction:
Date of 15' Reading:
Date of 2"d Reading:
Effective Date:
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