HomeMy WebLinkAboutCOM 0571.000 2008-2010
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William P. Kenoi Nancy E. Crawford
Director
Mayor : t
Deanna S. Sako
if,T owr.` Deputy Director
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County of Hawaii
Finance Department
25 Aupum Street, Room 118 • Hilo, Hawaii 96720
(808) 961-8234 • Fax (808) 961-8248
October 6, 2009 b
J Yoshimoto, Council Chair and d~Ca
Members of the Hawaii County Council
Hawaii County Council
25 Aupuni Street co
Hilo, Hawaii 96720
Re: Amending the Bond Authorization Ordinance C
Enclosed is a bill for an ordinance that amends Ordinance 08-106, as amended by Ordinance Nos-V.9-92 and
09-92A, authorizing the issuance of general obligation bonds for financing public improvements. The
purpose of this measure is to amend the Ordinance's attachment noted as Exhibit A, Draft 3 by replacing it
with a new exhibit labelled as Exhibit A, Draft 4.
This amendment to the exhibit is to adjust funding for various projects based on actual needs that differ from
the original estimates in the bond ordinance and subsequent amendment. ADA projects to fulfill mandates
are ongoing and require additional funding. Additional funds are needed for the current phase of the
Naalehu/Pahala LCC Replacement. Repairs and improvements to County facilities maintained by Parks and
Recreation and Public Works departments are also ongoing and require additional funding. Additionally, five
projects are added to this authorization to address legal mandates and correct major deficiencies or meet
critical public safety needs.
Funds to meet these additional needs were made available by eliminating or reducing funding at this time for
the Fire Administration Complex, Makalei Fire Station, and for Lako Street Extension project. The County
does not currently have adequate funds to initiate construction of the Fire facility, federal funds have been
obtained for a portion of the Makalei Fire Station project and the Lako Street project is not ready to move
forward at this time. There is no change to the total amount of the bond authorization.
If there are any questions, please do not hesitate to call me at 961-8234.
Nancy E. rawford
Director of Finance
Enc.
Approved:
Cornnt. Itits. S~~_.
Ref. To:
W- m {enoi Ref. Date OCT 08 2009
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Hawai'i County is an Equal Opportunity Provider and Employer