HomeMy WebLinkAboutORD 2004-154 2002-2004 +tY Q!,M~
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COUNTY OF HAWAII STATE OF HAWAII
"«'M' BILL NO. 34s
(Draft 2)
ORDINANCE N004 154
AN ORDINANCE AMENDING ORDINANCE NO.04-59 OF THE COUNTY OF
HAWAII ON MAY 19, 2004 RELATING TO THE ISSUANCE OF GENERAL
OBLIGATION BONDS FOR THE PURPOSE OF FINANCING VARIOUS PUBLIC
IMPROVEMENTS FOR THE COUNTY OF HAWAI°I
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII:
SECTION 1. Ordinance No. 04-59, SECTIONS 1, 2 and 3 are hereby amended to read 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 [$4&899;999] $47,000,000, the proceeds derived from the
sale of which are to be expended by the County to finance various road and highway
construction and public transportation enhancements in the districts of North Kona, South
Kona, Puna, Hamakua, Hilo and South Kohala and to finance islandwide infrastructure
planning efforts as set forth in Section 14. The County Council has further determined that
this authorization for the purpose and projects described herein will address longstanding
needs for highway construction and road improvements, transportation enhancements, and
infrastructure planning efforts, and are in the best interest of the County."
"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 time?y acquisition ofrights-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
mi}kee] $23,000,000; South Kohala, [$-1-0-n3illien] $10,000,000; Puna, [$~illieA]
$7 000 000' four pazk-and-ride facilities in Hamakua South Kona, North Kona and Puna,
S 1 500 000' Sand Gulch by-pass road in Hamakua $2 400 000; Laupahoehoe Point
emereencv access road $100 000; transportation enhancement projects in Hilo, $1,000.000.
Moreover islandwide facilitXplannine efforts shall include $2,000,000 for the identification
of roadway comdors wastewater facilities plannine and expansion, solid waste facilities
plannine and implementation and multimodal transportation plannine and implementation."
"SECTION 3. Authorization of Bonds. There are hereby authorized for issuance
and sale Bonds of the County in a principal amount not to exceed [$49;00&000] $47,000,000
in the aggregate, the proceeds derived from the sale of which shall be used and expended by
the County to pay all or a part of the costs of the authorized public improvements referred to
in Section 14 hereof and all or a part of the costs incurred by the County in connection with
the issuance of the Bonds."
SECTION 2. Ordinance No. 04-59, SECTION 14, is hereby amended to read as follows:
"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 [$49:899:909] $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 roadway comdors, wastewater and solid waste facilities,
and multimodal transportation."
SECTION 3. 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 4. Effective Date. This ordinance shall take effect upon its approval.
INTRODUCED BY:
COUNCIL MEM ER, COUNTY OF HAWAII
Kona , Hawaii
Date of Introduction: November 10, 2004
Date of 15` Reading: November 10 , 2004
Date oft"d Reading: November 24 , 2004
Effective Date: December 8, 2004
REFERENCE: Comm. 798-~
OFFICE OF THE COUNTY CLERK
County of Hawaii
Kona ,Hawaii
Introduced By: Aaron S . Y. Chung RCILL„'CALL VOl'E
Date Introduced: November 10, 2009 AYES NOES ABS EX
Firs[ Reading: November 10, 2009 Arakaki X
Published: November 21, 2009 Chung X
Elarionoff X
RE,1d4RKS, _ Holschuh X
Jacobson X
Reynolds X I
Safarik X
Tulang X
Tyler X
7 0 2 0
Second Reading: November L4, 2004
To Mayor: November 29, 2004 ROLL CALL VOTE
Returned: December 9, 2004 AYES NOES ABS EX
k.ffective: December 8, 2004 Arakaki X
Published: December 15, 2004 Chung X
Elarionoff X
REMARKS: Holschuh X
.
_ _ Jacobson X
Reynolds X
Safarik X
- Tulang --X
l'yler X
8 0 1 0
l DO HERE6Y ('ERTl1~ Y that the foregoing BILL was adopted by the County Council published as' indicated
aFiuve. ( l~~s~~
APPROVED AS TO _ ` '
FORM AND LEGALITY:
' ~ ' UNCII, CHAIRMAN
DEPUTY CORPORATION COUNSEL %
COUNTY OF HAWAII '
COUNZY CLERK
Date
BiIINo.: 348 (Draft 2) _
prove ~Dia~approved ~hLv day Reference: C-798.7/FC-335
17uambr~- ~o off- ord: 04 15~
AYOR. C'( 'VT}' OF H~1 WAIL
Ha~rai ~ C'ounry m' an Equa[ Opporlw~ify Prowdrr and Grnp(oyer~