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HomeMy WebLinkAboutCOM 0798.009 2002-2004 JAMES Y. ARAKAKI Phone: (808) 961-8272 Chairman &Presiding Q#,cer Fax: (808) 961-8780 •'OiM~~ COUNTY COUNCIL County ofHawai'i Hawaii County Building 25 Aupuni Street Hilo, Hawaii 96720 October 23, 2004 TO: Council Members / FROM: James Y. Arakakit 4)(a/ Chair RE: Bill 348, Draft 2 relating to $47 million General Obligation Bonds At the last Finance Committee meeting on October 19, 2004, the Council amended Bill 348 to include an additional $2 million to fund much-needed island wide facility planning efforts, such as roadway corridors, sewer and solid waste infrastructure, and multimodal transportation planning. I inadvertently neglected to put one of the highest priority public safety issues on the list of islandwide efforts-that is, flood and drainageway planning and implementation. Therefore, the amendment (proposal in bold/italics) would be as follows: "SECTION 2. Purpose. In selecting various road and highway construction projects, priority shall be given to internal connector roads and road extensions to relieve traffic bottlenecks and congestion in North Kona and South Kona, the findings and recommendations of the Keahole to Honaunau Regional Circulation Plan and Puna Regional Circulation Plan, an alternative route to the intersection of Lindsey Road and Mamalahoa Highway in Waimea, strategic and timely acquisition of rights-of-way in Kona and Puna, and installation of traffic signals and other safety improvements. It is intended that the distribution of the proceeds shall be apportioned as follows: North and South Kona, [$23 million] $23,000,000; South Kohala, [$10 million] $10,000,000; Puna, [$7 million] $7,000,000; four nark-and-ride facilities in Hamakua, South Kona. North Kona and Puna, $1,500,000; Sand Gulch by-pass road in Hamakua, $2,400.000; Laupahoehoe Point emergency access road, $100,000; transportation enhancement projects in Hilo, $1,000,000. Moreover, islandwide facility planning efforts shall include $2,000,000 for flood and drainageway planning and implementation, the identification of roadway corridors, wastewater facilities planning and expansion, solid waste facilities planning and implementation and multimodal transportation planning and implementation. "SECTION 14. Authorization of Proceeds for Public Improvements. The proceeds from the issuance and sale of General Obligation Bonds of the County of Hawaii in the principal amount of [$40,000,000] $47.000,000 shall be used for the sole purpose of financing road and highway construction, transportation enhancement projects in the districts of North Kona, South Kona, Puna, Hamakua, Hilo and South Kohala, and islandwide infrastructure Planning efforts for flood and drainagewar planning and implementation, roadway corridors, wastewater and solid waste facilities, and multimodal transportatiot " bmm. NO. RECEivEs Ref. To: q S Am Bye4Z_,_1 Ref. Date-M-2.1,7004 Doltr2~dy~Qy Hawaii County is an Equal Opportunity Provider and Employer ~^~1l Coundl