HomeMy WebLinkAboutORD 1984-026 1984-1988BILL NO. 1091
COUNTY OF HAWAII - SppT/A~~TE OF HAWAII
ORDINANCE NOPY ~6
AN ORDINANCE AMENDING ORDINANCE NO. 482 OF THE COUNTY OF HAWAII
ADOPTED ON OCTOBER 17, 1979, AS AMENDED BY ORDINANCE NO. 511
ADOPTED ON DECEMBER 19, 1979, AS AMENDED BY ORDINANCE NO. 550
ADOPTED ON MARCH 5, 1980, AS AMENDED BY ORDINANCE NO. 631
ADOPTED ON SEPTEMBER 29, 1980; AMENDING ORDINANCE NO. 709
ADOPTED ON AUGUST 19, 1981; AND AS AMENDED BY ORDINANCE NO. 830
ADOPTED ON NOVEMBER 17, 1982, RELATING TO GENERAL OBLIGATION
BONDS.
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY ,OF HAWAII:
SECTION 1. Section 10 of Ordinance No. 482 adopted on
October 17, 1979, as amended by Ordinance No. 511 adopted on
December 19, 1979, and as amended by Ordinance No. 830 adopted
on November 17, 1982, is amended to read as follows:
"SECTION 10. In addition to public improvements set
forth in Section 8 hereof, the proceeds £rom the issuance
and sale of bonds authorized hereby may be used to repay
any cash borrowings from the General Fund pursuant to
Resolution No. 701 adopted on November 7, 1980,
Resolution No. 23-81 adopted on January 20, 1981, and
Resolution No. 225-81 adopted on November 18, 1981, the
proceeds of such borrowings having heretofore been
applied to pay the cost of public improvements authorized
to be financed from the proceeds of bonds authorized
hereby and may also be used to finance public
improvements authorized by Ordinance No. 586, as amended,
the capital budget ordinance for the fiscal year ending
June 30, 1981, public improvements authorized by
Ordinance No. 696, as amended, the capital budget
ordinance for the fiscal year ending June 30, 1982, and
public improvements authorized by Ordinance No. 796, as
amended, the capital budget ordinance for the fiscal year
ending June 30, 1983, and public improvements authorized
by Ordinance No. 896, as amended, the capital budget
ordinance for the fiscal year ending June 30, 1984."
SECTION 2. Section 1 of Ordinance No. 709, as amended,
is amended to read as follows:
"SECTION 1. There are hereby authorized for issuance and
sale general obligation bonds of the County of Hawaii in
the principal amount of X5,000,000, the proceeds derived
from the sale of which shall be used to pay all or part
of the cost of appropriations for various public
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improvements of the County to be financed from general
obligation bond funds made (a) in the capital budget
ordinance for the fiscal year ending June 30, 1982
(Ordinance No. 696, as amended); (b) in the capital
budget ordinance for the fiscal year ending June 30, 1981
(Ordinance No. 586, as amended; (c) in the capital budget
ordinance for the fiscal year ending June 30, 1980
(Ordinance No. 443, as amended); (d) in the capital
budget ordinance for the fiscal year ending June 30, 1983
(Ordinance No. 796, as amended; and (e) in the capital
budget ordinance for the fiscal year ending June 30, 1984
(Ordinance No. 896, as amended); including to repay funds
borrowed from the General F1ind pursuant to Resolution No.
701 adopted on November 7, 1980, Resolution No. 23-81
adopted on January 20, 1981, and Resolution No. 225-81
adopted on November 18, 1981, the proceeds of such
borrowings having heretofore been applied to pay the cost
of public improvements authorized to be financed from the
proceeds of bonds authorized hereby."
SECTION 3. New material is underscored. In printing
this ordinance, the underscoring need not be included.
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SECTION 4. This ordinance shall take effect upon its
approval.
Introduced By:
~~'VrwV T l'~--1~~~-li
COUNCIL MEMBER, COUNTY F HAWAII
Hilo, Hawaii
Date of Introduction: May 23, 1984
Date of 1st Reading: May 23, 1984
Date of 2nd Reading: June 13,1984
Effective Date: June 18, 1984
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