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HomeMy WebLinkAboutORD 1992-048 1992-1994,~:~„_ -, ,; c COUNTY OF HAWAI~~`.r~TATE OF HAWAII °.+!kr . , Bill No. s93 ORDINANCE NO. 92 48 AN ORDINANCE TO CLOSE THE HAWAII REDEVELOPMENT AGENCY FUND AND TRANSFER THE UNEXPENDED PROCEEDS TO THE GENERAL FUND BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: SECTION 1. Purpose. It is the purpose of this ordinance to close the Hawaii Redevelopment Agency Fund, a special fund, by transferring the unexpended proceeds to the General Fund. SECTION 2. The unencumbered proceeds of the Hawaii Redevelopment Agency Fund, a special fund, is hereby transferred to the Sundry Refund-Prior Year revenue account of the General Fund. SECTION 3. Upon completion of the transfer of the unexpended proceeds, the Hawaii Redevelopment Agency Fund, a special fund, shall be deemed closed. SECTION 4. approval. This ordinance shall take effect upon its INTRODU ED BY: f 2{-Q- COUNCIL MEMBER, COUNTY OF HAWAII Hilo, Hawaii Date of Introduction: April 15, 1992 Date of 1st Reading: April 15, 1992 Date of 2nd Reading: May 6, 1992 Effective Date: May 27, 1992