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<br />----- <br /> <br />. <br /> <br />.' <br /> <br />~ > <<;, <br /> <br />, , <br /> <br />COUNTY OF HAWAll:"':i~::;~~;STATE OF HAWAII <br />~ > '" > "'~ N <br />" <br /> <br />BILL NO. <br /> <br />115 <br /> <br />ORDINANCE NO. 97 113 <br /> <br />AN ORDINANCE AMENDING ORDINANCE NO. 95-82 OF THE COUNTY OF <br />HAWAII ADOPTED ON JULY 5, 1995, AS AMENDED BY ORDINANCE NO. <br />96-92 ADOPTED ON AUGUST 15, 1996, RELATING TO THE ISSUANCE <br />OF GENERAL OBLIGATION BONDS. <br /> <br />BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br /> <br />SECTION 1. Section 1 of Ordinance No. 95-82, as amended by <br />Ordinance No. 96-92 is hereby further amended as follows: <br /> <br />"SECTION 1. Findinas And Determinations. It is hereby <br />found and determined that appropriations for public <br />improvement projects of the County of Hawaii financed from <br />general obligation bond funds have been made in Ordinance <br />No. 93-50, as amended, Ordinance No. 94-70, as amended, <br />Ordinance No. 95-75, as amended, [and] Ordinance No. 96-68, <br />as amended, and Ordinance No. 97-82. as amended. for the <br />fiscal years ending June 30, 1994, June 30,1995, June <br />30,1996L [and] June 30, 1997[,] and June 30. 1998. <br />respectively. It is hereby further found and determined <br />that it is advisable and in the best interest of the County <br />to authorize the issuance and sale of general obligation <br />bonds of the County in the maximum principal amount of <br />$30,000,000, the proceeds derived from the sale of which <br />shall be used to pay all or a part of the costs of <br />appropriations referred to above and to pay all or a part of <br />the costs of issuance of such bonds." <br /> <br />SECTION 2. Section 2 of Ordinance No. 95-82 as amended by <br />Ordinance No. 96-92 is amended as follows: <br /> <br />. '. <br /> <br />.-- -....... <br /> <br />"SECTION 2. Authorization of Bonds. There are hereby <br />authorized for issuance and sale general obligation bonds of <br />the County (the "Bonds") in the principal amount of Thirty <br />Million Dollars ($30,000,000), the proceeds derived from the <br />sale of which shall be used to pay all or a part of the <br />costs of appropriations for public improvement projects of <br />the County to be financed from general obligation bond funds <br />made in Ordinance No. 93-50, as amended, Ordinance No. <br />94-70, as amended, Ordinance No. 95-75, as amended, [and] <br />Ordinance No. 96-68, as amended and Ordinance No. 97-82. as <br />