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HomeMy WebLinkAboutORD 1986-076 1984-1988COUNTY OF HAWAII STATE OF HAWAII Bill No. 19s ORDINANCE NO. 86 7s AN ORDINANCE TO CLOSE THE KULAIMANO SEWER SYSTEM FUND, A SPECIAL FUND TO THE PUBLIC IMPROVEMENT BOND FUND. SECTION 1. Purpose. It is the purpose of this ordinance to close the Kulaimano Sewer System Fund, a special fund, by transferring the unappropriated fund balance and the unencumbered project balances to the Public Improvement Bond Fund. The Auditor's Report for the fiscal year ending June 30, 1985, recommended that this fund be closed and proceeds transferred to the Public Improvement Bond Fund. SECTION 2. The unappropriated fund balance and the unencumbered project balances of the Kulaimano Sewer System Fund, a special fund, is hereby transferred to the Hilo Wastewater System project of the Public Improvement Bond Fund. SECTION 3. The Kulaimano Sewer System Fund, a special fund, shall be deemed closed upon the transfer of all proceeds. SECTION 4. This ordinance shall take effect upon its approval. INTRODUCED BY: QIIAIA.JlIl.1.~1~Y'1 ~ COUNCIL MEMBER, COUNTY OF HAWAII Hilo, Hawaii Date of Introduction: June 4, 1986 Date of 1st Reading: June 4, 1936 Date of 2nd Reading: June 17, 1986 Effective Date: June 25, 1986