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COUNTY OF HAWAII ~ STATE OF HAWAII
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BILL NO. iza
DRAI''T 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, AS
AMENDED BY ORDINANCE NO. 04-51 ADOPTED ON MAY 19, 2004,
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, as amended by Ordinance No.
03-125 and Ordinance No. 04-51, is hereby amended as follows:
"SECTION l . 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 Deparnnent of Public Works Facilities, ADA Playground Equipment Upgrades, Kuakini
Highway Improvements, Ali`i Drive Onco Bay Improvements, Waimea Trails and Greenways,
Kcopu 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, the Captain Cook (South Kona) Police Station,
the Prosecuting Attorney's Office at Aupuni Center, the Puainako Sewer Improvement District,
[a+x#] the North Kona Sewer Improvement District, the Honl's Beach Property Acquisition, the
New Puna Gym & Park Develo~nent, and the Pahoa Fire Station, which are authorized by
Ordinance Nos. 00-64, 01-56, 02-77, [a+~} 03-90, 0475, and 05-87 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 hercinabovc described."
SECTION 2. Material to be deleted is bracketed NPw 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:
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COUNCIL MEMBER, COUNTY OF HAWAII
Hawaii
Date of Introduction:
Date of 15` Reading:
Date of 2rd Reading:
Effective Date:
R~fERtNCE: Comro. 378.1