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HomeMy WebLinkAboutCOM 0745.001 2004-2006 ~<Y O( h4_ ~i Harry Kim William Takaba l/grur ~ - U„~~-ovn - Nancy E. Crawford if . llepull'lhrrolnr 1J( of ~M~i1 County of Hawaii Finance Department 22 ,Aupuni Street. Roum I IN • lio_ lao'~u 9h7?0 1808)961-8234 • Fna f8o819b1-82x8 April 3, 2006 Stacy K. Higa, Chairman and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Bill 243 Draft 2, Amending Ord. No. 95-82 authorizing issuance of GO Bonds The referenced bill will be considered at the full Council meeting on Wednesday, April 5`". In response to concerns about the use of the remaining funds from 1996A bond proceeds, we have amended Bill 243 and designated specific projects to receive the funds. All unexpended funds from the 1996A bond proceeds authorized by Ordinance No. 95-82 will be used only for expenditures in the following projects: Police Microwave Relocation & Renovation New Waikoloa Ho oko Street Park Kuakini Highway Improvements Prosecuting Attorney Office Renovation These four projects were chosen because they are active projects with current expenditures. Because the funds must be spent prior to August 2006, it is important to designate them for use on projects where they will be expended this fiscal year. We request that you replace Bill No. 243 with the enclosed Draft 2 of this same bill. Should you have additional questions regarding the funds or their use, please contact Nancy Crawford at 961-8092. ,w ~ c William Tak ba Director of Finance APPROVED. Harry Kim Mayor Comm. No. ~~S___~,,, Ref. Torrowua~w 'j. Enc. Raf. Date / , ^ .1y?~) Hawait County is an Equal Opportunity Provider and Employer