HomeMy WebLinkAboutBIL 228 Draft 01 2002-2004 COUNTY OF HAWAII STATE OF HAWAII
BILL NO. 22s
ORDINANCE NO.
AN ORDINANCE AMENDING ORDINANCE NO. 03-49 OF THE COUNTY
OF HAWAII ADOPTED ON MARCH 25, 2003, AS AMENDED BY
ORDINANCE NO. 03-125 ADOPTED ON AUGUST 27, 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:
"SECTION 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 from the sale of which are to
be expended by the County to finance the Kahului-Keauhou Parkway (also called Ali`i Parkway
or Ke Ala O Keauhou), the Americans with Disablities Act (ADA) Ramp Compliance project,
the ADA Parks Facilities Compliance project, the Pahoa Village Resource Park, the Waikoloa
Ho`oko Street Park, the Public Safety Complex Evidence 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 Heights 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 Bui]ding (Civic Center), Puna
County Complex, Fire Administration Facility, [arid] the Captain Cook (South Kona) Police
Station, and the Prosecuting Attorney's Office at Aupuni Center, which are authorized by
Ordinance Nos. 00-64, 01-56, 02-77 and 03-9Q as amended. [t 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 County in the maximum principal amount of $36,312,650,
the proceeds derived from the sale of which shall be used as for the purposes hereinabove
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.
Introduced By:
•
COUNCIL MEMBER, COU TY F HAWAII
Hawaii
Date of Introduction:
Date of 1S` Reading:
Date of 2nd Reading:
Effective Date: 500
REfEBEdG6 Cantu: