HomeMy WebLinkAboutBIL 128 Draft 03 2004-2006 Mtv or y
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COUNTY OF HAWAII STATE OF HAWAII
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BILL NO. 128
Draft 3
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:
"SEC'T'ION 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, u~i r aFn r~i cnnT c 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 Attorneys Office at Aupuni Center, the Puainako Sewer Improvement District,
[arid] the North Kona Sewer Improvement District, the Honl's Beach Property Acquisition, the
New Puna Gym & Park Development, and the Pahoa Fire Station, which are authorized by
Ordinance Nos. 00-64, 01-56, 02-77, ~a~} 03-90, 04-75, and OS-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 hereinabove described."
SEC'CION 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:
~1
COUNCIL MEMBER, COUNTY OF HAWAII
Hawaii
Date of Introduction:
Date of 151 Reading:
Date of 2°d Reading:
Effective Date:
b.c,`_F:;PvCE: Comm. 378.2