HomeMy WebLinkAboutORD 2008-152 2006-2008COUNTY OF HAWAII
STATE OF HAWAII
BjI,L. NO. 368
ORDINANCE NO. ~~ 152
AN ORDINANCE AUTHORIZING THE MAYOR OF THE COUNTY OF
HAWAII TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR
A STATE WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR
WASTEWATER PUBLIC IMPROVEMENT PROJECTS; AND AUTHORIZING
THE ISSUANCE OF $1,000,000 GENERAL OBLIGATION BONDS OF THE
COUNTY OF HAWAII FOR THE PURPOSE OF FINANCING QUALIFIED
WASTEWATER PUBLIC IMPROVEMENTS OF THE COUNTY OF HAWAII
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII:
SECTION 1. Request for Loan. The County of Hawaii, pursuant to Section 342D-
54, Hawaii Revised Statutes, will be submitting an application for a State Water Pollution
Control Revolving Fund Loan (SRF Loan} to the Director of the Department of Health,
State of Hawaii, to finance the construction of the wastewater project listed in "Exhibit A".
Under the terms and conditions ahticipated with regard to such SRF loan, the
County shall repay, over a term of twenty years, the principal amount, which shall not
exceed $1,000,000, at a fixed rate of interest which shall not exceed the Bond Buyer's
20-year general obligation bond issue.
SECTION 2. Authorization of Mavor. The Council hereby authorizes the Mayor to
execute all necessary intergovernmental agreements and documents between the State
of Hawaii and the County of Hawaii, relating to the SRF to finance the construction of the
wastewater project listed in "Exhibit A".
SECTION 3. Pledge of the County's full faith and credit. The County also pledges
its full faith and credit including but not limited to the County's general taxing power, as
security for repayment of the loan, payment of interest, payment of any loan fees, and
including a covenant to exercise the County's authority as needed. The principal and
interest payments, and any loan fee payments, shall be a first charge on the General
Fund of the County.
SECTION 4. Effective Date. This Ordinance shall take effect upon its approval.
Introduced By:
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COUNCIL MEMBE O T OF HAWAII
Kona , Hawaii
Date of Introduction: october 8, 2008
Date of 1Sl Reading: october 8, zoos
Date of 2"d Reading: october 22, 2008
Effective Date: November 5, 2008
~C~FERENG6 1455/>:'C
OFFICE OF THE CGUNTY CLERK
County oI Hawai`i
Kona, Hawaii
Introduced By: Dominic Yagong
Date Introduced: October 8, 2008
First Reading: October 8, 2008
Published: October 17, 2008
RFMARK.S:
Second Reading: October 22, 2008
To Mayor: October 30, 2008
Returned: November 5, 2008
Et'fective: November 5, 2008
Published: November' 13; 2008
RF,MARKS:
1 DO HEREBY CERTIFY that the, foregoing BILL was
inu~icarcd above.
APPROVED AS TO
O=:M AND LEGALITY:
Date ~~ ~°~
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DEPUTY CO~'ORATION COUNSEL
COUNTY OF HAWAII
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1 f YOR, LINTY OF HAWAI `1
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Higa ~~~ X
Hoffmann X
Ikeda X
Jacobson X
Naeole X
Pilago X
Yagong X
Yoshimoto X
9 0 0 0
ROLL CALL VOTE ~
AYES NOES ABS EX
Ford X 1
Higa X J
Hoffmann X ~
Ikeda X
Jacobson X
Naeole X
Pilago X
Yagong X
Yoshimoto
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County Council published as
Bill No.:
368
C-1455/FC-336
Reference: ____ _
Ord No.: ®8 1..5?+
EXHIBIT A
WASTEWATER PUBLIC IMPROVEMENT PROJECT (SRF FUNDED)
Project
Department of Environmental Management:
Amount
Komohana Heights Large Capacity Cesspool Replacement $1,000,000
Ordinances Numbered 08-149, 08-150, 08-151, 08-152, & 08-153
I hereby certify that the following Ordinances passed second and final reading at the meeting of
the County Council on October 22, 2008, by vote, as listed below:
Ordinance OS-149 (Bill 353, Draft 2); An Ordinance Amending Chapter 18, of the Hawaii
County Code 1983 (2005 Edition, as Amended), Relating to Public Transportation. AYES:
Council Members Ford, Ikeda, Jacobson, Pilago, and Chair Hoffmann - 5; NOES: None;
ABSENT: Council Members Higa, Naeole, Yagong, and Yoshimoto - 4; EXCUSED: None.
Ordinance 08-150 (Bi11364, Draft 3); An Ordinance Amending Ordinance No. 465 Which
Reclassified Lands From Agricultural - 1 Acre (A-] a) to Neighborhood Commercial- 7,500
Square Feet (CN-7.5) at Kealakekua, South Kona, Hawaii, Covered by Tax Map Key 8-2-
13:Portion of 2. AYES: Council Members Ford, Ikeda, Jacobsoi, Pilago, and Chair Hoffmann -
S; NOES: None; ABSENT: Council Members Higa, Naeole, Yagong, and Yoshimoto-4;
EXCUSED: None.
Ordinance 08-151 (Bill 365, Draft 2): An Ordinance Adopting the County of Hawai `i North
Kohala Community Development Plan. AYES: Council Members Ford, Ikeda, Jacobson, Pilago,
Yagong, and Chair Hoffmann - 6; NOES: None; ABSENT: Council Members Higa, Naeole, and
Yoshimoto - 3; EXCUSED: None.
Ordinance OS-152 (Bill 368): An Ordinance Authorizing the Mayor of the County of Hawaii to
tarter Into an Intergovernmental Agreement for a State Water Pollution Control Revolving Fund
Loan for Wastewater Public Improvement Projects; and Authorizing the Issuance of $1,000,000
General Obligation Bonds of the County of Hawaii for the Purpose of Financing Qualified
Wastewater Public Improvements of Ore County of Hawaii. AYES: Council Members Ford,
Ikeda, Jacobson, Naeole, Pilago, Yagong, and Chair Hoffmann - 7; NOES: None; ABSENT:
Council Members Higa and Yoshimoto - 2; EXCUSED: None.
Ordinance 08-153 (Bi11374): An Ordinance to Amend Ordinance No. 08-78, as Amended, the
Operating Budget for the County of Hawaii for the Fiscal Year Ending June 30, 2009. AYES:
Council Members Ford, Ikeda, Jacobson, Naeole, Pilago, Yagong, and Chair Hoffmann - 7;
NOES: None; ABSENT: Council Members Higa and Yoshimoto - 2; EXCUSED: None.
Casey ~n~~an
County Clerk
(Hawai`i Tribune-Herald - November 13, 2008)
(West Hawaii Today -November 13, 2008)
Note: The original Digest/Affidavit is attached to Ordinance 08-149.