HomeMy WebLinkAboutBIL 228 Draft 02 2002-2004 COUNTY OF HAWAI~i STATE OF HAWAII
BILL NO. 22s
DRAFT 2
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 Building (Civic Center), Puna
County Complex, Fire Administration Facility, [ate] the Captain Cook (South Kona) Police
Station, the Prosecuting Attorney's Office at Aupuni Center, the Puainako Sewer Improvement
District and the North Kona Sewer Improvement District, which are authorized by Ordinance
Nos. 00-64, 01-56, 02-77 and 03-9Q, 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 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:
xFc~,
COUNCIL MEMBER, COU OF HAWAII
Hawaii
Date of Introduction:
Date of 15S Reading:
Date of 2"d Reading:
Effective Date:
REFERENCE: Comm. S n n 1