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HomeMy WebLinkAboutORD 1986-077 1984-1988COUNTY OF HAWAII..,: _STATE OF HAWAII Bill No. 196 ORDINANCE NO. 86 7'7 AN ORDINANCE TO CLOSE THE KAWAIHAE-PUAKO 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 Kawaihae-Puako Sewer System Fund, a special fund, by transferring the unexpended proceeds to the Public Improvement Bond Fund. The Auditor's Report for the fiscal year ending June 30, 1985, recommended that the fund be closed and proceeds transferred to the Public Improvement Bond Fund. SECTION 2. The unencumbered proceeds of the Kawaihae-Puako Sewer System Fund, a special fund, is hereby transferred to the Kona Sewerage System project of the Public Improvement Bond Fund. SECTION 3. Upon completion of the transfer of unencumbered proceeds, the Kawaihae-Puako Sewer System Fund, a special fund, shall be deemed closed. SECTION 4. This ordinance shall take effect upon its approval. INTROD~U,C'E.D^BJYp: ,/ ~A~.1~-l_l~_11.~~ COUNCIL MEMBER, COUNTY OF HAWAII Hilo, Hawaii Date of Introduction: June 4, 1986 Date of 1st Reading: June 4, 1986 Date of 2nd Reading: June 17, 1986 Effective Date: ,Tune 25, 1986