HomeMy WebLinkAboutRES 009 Draft 01 1965
r
'TY OF '11 "M
MI LUITION A. ' °'I I I -s " ~ 9a 1 ` AND SALZ OF "-7l 765.00
RICIV
G
~ L "Y ordUt ne No M 0 klho County ve. o
~y y t,.,/r, 55Y
V' ft=d' ~A~6 pot lS Ci~~~3~ „ yam} ~ves'.J 'Properties
r~~Kl5~ ~4a!4+'~W=:'1wS1G to bY~Zk~ . k,'.Fr1SP.1r~... ff 11 situate- in and maprising 01mp v nt Diatziat o I
rk a t $ sir p&VAmq the said
ors did ire n jme 2-, 1,655
WMI-S S, Ell propsrty or holders said
lmpmvwwn-L*, District m paid their e.t Ln full or
elected to m In ins tz with osp c each and e e
lot S Ull G S for Coat of 11 ro tc,
leaving of JMUQYY 4 0 x 9650 bales o $1,449,,763.00,
which to pm" 0-6- not r than twenty LaStU is
with int xeatg Lmd
~u~u
a.,VIS < ESO Vie m of $1044.9,763.00 As now necessary
and rc~xl out o t ota is s due
ard i t for lxmedi&~S vz to most bo st of the
p nt'7 edvancedo made o e In said Lapgovmant
4o 901,10 'X1i!?, V0RE0 I WLY80 B E BOAO O WPEIMS04RS
do . the Cm y o QU' : 3tat of omits
oep f
Tliat v at L t Bonds for O v t
C( G.
C' XI f 'Mtn, r44 , 763,00 - 00 be md t are hereby anthoAzad for
end that the off Lcials i e by eye herd
yeeted t esno t and slue such "rands as pmviftd by
Sections 141,5a130 146-1710 vluc o the Rewftsd Laws
of Bewail I SS 0 a ado ~~lis L. M.
rile L' J. o .r...ro..+se+nermmRT%ti?.
M. B. No J~a~ 6 ---6' 19
~ Ttiat the bones of this ssuo S~ M11 be 02" 'the
4nozination o 1,, OCO.• 0 GCS, =SPA as to O'no bond whiell
$ 1l b O the danomi=tion of $763.00a and ma er come-
Oti Veld 40m, I to 1450; that Said !)'Oads U l
February 15, 1965, payable ' a 15¢ 1985, and eject
*al on FO zy-y 15, 1966, or at any t ers,: ft~ `l
that say d bonds gall beer int ; mat at the rate of a por
o the date. o call- alad Uzt a1 nds Zn t10 terse t
coupon$ shall Printed, or M grs, , and, when
pri n tati o 1E~ al-11 owtaiA the pos
s tan t i al. set forth ara 0 and M11 be issued in,
0,0
lz iii i ^1}iq 21
f9 `
tJ.,.t::.=11:g1,2 D.i n3S.T~3.d.4WT 30AD
THE
COUNTY OF IMAII
t1 eL ii• s ad DIs+dLUC IUM ?Wa tI
1~ 3 DISCI DISTRICT OF MAU
L ISSU-1-3 $104-490763 a le F xuazy 15, . 1565
4< daez. l o and after Febrazzy 15, 1066
OU N B =52; M MMSs Tbato s j ' t the
r sion&& o Sections 146-130 to o the
Revised Large H 1955 a and uw;Duz at to
PrOCOC . s of th 15,0and Of S ;XVisort t
haw&i i 4ul taken they une
T F2 T 0 'J .fs p Matt of 1:1a uzil, .fog 5' 'sG?
re eive hezaby promise 'to pay the bearer out of the fund
hroinaftor specified, the of ON MOUSAD DOLLARS ($10000.00)
in lwdful zoil o th.0 United States 02 i Boz is on the 16t day
of Fe y, 1985, together with inter t t1wr n at the rate
g, z, Psi' Cant (K) per annum, Pab1 ou the
15th day of rabr ary and the 15th y o )~U ' upon Pross tta-
tio surrender of the interest cou ps attached hereto as
they, sv ra11y o rms duo, boo principal &ad, int r t of this
bond tieing payable out of the fund hereinafter specified and
a the office o the Tmasurexp Count ewaito at ilob
The xi cip 1 and interest o this bond eye exempt f r ya
all state, aunty q munioip&1 tamtion in tho State of Ha aiiv
erxapt inheritance, transfer and e t to t&neaa
7, OUPTY w)F HAWAII reserves the right to redeem this
bond on the 15th day of Fe a lS d thereafter as
provided in Sections 146-130 to 146-171, inclusive of the
Reprised Laws o Hawaii 1955, d
This Iooad is ono o a series numbered from One (1) to
One Thousand Four Hundred Fifty (1450) 0 Inclusiveo Bona Number
One (1) using of tae denomination of Seven Hundred i y Three
Dollars ($763.00)0 and Bonds Number t (2) One 1hz'U d
Four Hundred Fifty (1450) being o the denomination of One
'thousand Dollars ($1,060.4+0) each, of e total issue of One
Million Four Hundred Forty i Thousand Seven Hundred Sixty
.
Throe Dollars ($1,449,763.00).
This bond is payable ozelu.sively out of t ney to be
ll ted or paid on a nt of the azaes me is unpaid of the
Fourth days of January, 1965, being a total sum of One Million
Four Hundred Petty Nine Tlwusand given Hundred Sixty Three Dollars
($1,449,763.00) bearing interest at six per cent (6%) per mum
as Prescribed by 0XdLwMce Tgl.4 ar 290 of zaid County of
lewali against pro ut .A rtc--d
No., - o'A1Q' 11TU,1 N THE D.15T I O KA, in said u ty o .
11ia-' :,.lli s I'S10-cx I-Anpa d are y Bbl o f not more thim
~t equal istlets with mares at six PC-, cent (6%)
per &muz from Deacenbx 0 1964,0 and uhich are
severally , prior lien- upon the several peruse awed
to the amount of the unpaid assevaa8'. w thereon.
TRZ COU11TY OF . 'a hereby -,)w s, for valuable
side t . GiB3 n,, to aaL.ze said unpaid eas s s be collected
or paid and. kept in the Improvement District Bond and lnb meat
Redemption Fund, to be applied lely the paymen't of interest
and principal on t q. bonds issued for said. Improvwtant Di.. t
until fully paid, and vill o ..hem, s parfe-ra all its obligations
az requ!yed by said coons 146-130 to 146-17 1, inclusive, of
the R, via oaf Ez-vm i x.9650 as -kA" d
a
Lj'%TTY 0s ~~I does not tbe~ -Wise ~
payment hereal. TIA bond is nd a. general debt of the Co t`
Haraiio mr bawd upon the credit c~f the =h is do i. e r
char e l e against genera of said County, nor
Laa it been apscifically mbhoyl ed A voters o said
County an part o a uas ea ,in edness..
I # hezeby tifie and recited that . acts
ndiftpn and pzoceedi: essential the validity o this
bond &nd recrairod b said sections of the Revised laws to, be
done rocede thereto and in the issuing o this bond, exist,
have duly ppu ~-,d A have been perfc rmed in re' l4 and due
form a re¢ir d by law.
U11 JITI I the is.id CGUX,
OF tr I*
T 1A AI atmzed
V,-1,:- presents o e cu od by it Treasurer, to bear the
slgr ~-ttu`e of its C,~,iram2n . Officer and its Clark
and sealed with the co'~ z ate Seal o the County o llr iwzi i o
and the interest Collp
hereto attack -ad bear tea, ex.-Igzw
signate of its re r g a W thO , tf, 8eAth
o l-) o 06 5
CCU; UIN O WJAII
B
o Tre x-eB
its am and
Officer
A ESTED~
(FORA affil
NO, I"
on t fifteenth day o? ~ucp- t, 1965, the Cculn of
Hal"FaUC U. to o lila-rai j- t-sill pa the bearer at the offige
of the Treasura r, County o Hawaii, Hilo, Hawaii, out o the
1~pzvvement Distri ~ Bond Interest R m . on Fuzvlo the sum
samosa hereon,, einq tfhe semi-annual in etas then € u on i .
Imps en District 3on issued for 'Improvement District
No 4 I - 'a Ta l ohinva l in the D tx of of Kauv dated a of
raxuzy 150 1965.
DICK T, TAIMML UacaivUa)
Treasurer, County o Hawaii.
Bond
a o
3,,, TLat hO rin,~:,aiYLI and late-ma said bonds almll
be a ale at hO O iVe of t 3E, ' y of, Helaii,17
R..::i . 11,al. a, iq Ial - lusivel out of the Impro-ea nt
J3?s io Bond and InELe qa Redemption Fund SG.To ill moneys
Collected on eou t of and, intereot due for
District No. I
shall he esig ate d La the bonds is-suad T~ez-eunder,
That the '714'Xaauu-zl r of h CQ'am'-Y of i ii .S Imreby
rutlnox,i m directed mro the ,printhng or l ngra pin
the nave r"y bond auAMAzed al i., uh t Mm ally act-ozdinq
t the foregoing f hereby a o Idtz- B,~,,2.rd o Super r zors
and diet said Treasurer i 3hr f x lhz author ma an d o ed
p-ZI-ar Off gensr l :-CulaVc in the County of Hawaii,
at I 'I st one"o a weel: for I-10"; 9 a two auccessi re weeks,
bonds
tonders race V ,nor the Purchaz of saidHilo,
a Ol e office of the Treasurer, County of ii, at ; a U to 10:100 `ol"5 3:iazy , 1965.
S. That ho conditions o sale of said bonds- shimil be
(1) J; bids I state ~Uzs price b per $100.00 par
Flu and he mount o bonds for typh cla the bid mwo-
-he
(2) On bids fox t exd made to
t 9hest lddex the event o 4%n award of tha issue ac;
14401 ag UC) -Fd of ~Sapaz isor 'Yeaarreas the rig'rt to
ap x)rtlo h ar n or more U iddx in the
overt no bid is the highest-
(3) kids *for less t the n m snoA iia the even
award o issue in block less than the h , lzsu(~,, t ho
Via.-- a o' i rs re a m the right to apportion h Ord
i
tho L A uhss b c?d y No bidder nza`l l z cit any bond
serial nnff) ^r ae , cmdition to the i o aand rd p rriso s determine the amount o bonds the
ri f:~ je r o bonds ba au-::-ax t thI Idghest bidder
ar bi !exs bawd o any bid mzid03.
(4) rhe Bo
w Sur shall determine on the
basis VRth bids wrote, a O ho interest Of € r,.l prope:g ty
®i.°Yne wI-M Di at nt will be best rV ed by
S llillto' the SUa$ e, 1-!1101S Or in b).00kS I S05 than thO VeI1010
Issue;
(5) : s 'Boa%rd o ~ r s e the right t
reject any o c] bids indludizi.g bid Lans d upon & Y tsrz
or tams othe,' than L-Ito e appearing, h 8
(6) s '~-Al be Ma er-- r ,n to -the form O
prcq-:are Al Iay l* --~n T-1ye County H i
w
(7) All bads shall b ac a: , fed by a e s of
certifies dl'-cc or cash ar° check dram on a baAk in
bq -lsinsss within the State Hawaii, for or in sun equAl
to 573 of' the par value of the maximum number o bands bid faro
payable a sight to the Treasurer,, County of Kwaaii,, provided
that when the, T galas of the ma w°L-1*bor of bons bid for
e d b the c6rti aho k or h e Os check
Shall be for plus % o tho Gant in o=cps that .
;hick of the =ccor-if- bidder l be a j ed mFar peat
~r h s pri of the and, a d terea
Clle'~* of all bidders will b returna imtedir-tely
after the bid opcenz or Soon "t hc"aafter the nol ccur
of bsi allo. In the avant that is made "'.0, any
successful bidder and zap d ',bidder falls to pay the balance, dme
cash ten,,ar by said Tr a L °or o the number o hon"I
awarded, the -.all b fozf it-b~ to the County of
a',Yak to be. ash: r b its. Tzea r x rund chaos ted in tM
Genes Fuiv-6a
AZaa Ccczsfu1 bidder t wlio bonds are awarder
sl~all Pay to the Treasurer of tlt County of Havaiie, in addition
to the a at of h z Lid, a s equal to the amunt of interest
accrued on the bonds maarda fyo-i their date to t date of
ymcnt for the bonds;
(9) Delivery of the fuzl exerted bones will be made
II
in Honolulu, llawn? i, at the expense of wl.w County of If i.
on Februarl 15:' or as sl,.ortly thereafter as Iposzible,
1
or srvALa at the cx•3wae of the Purcluas r. In tho event
tat ;prior to the de-livorr of any of t1w, bonds to the . successful
~b"Acid`w rs thom-f r F tha intereat on. the said bonds 3 ball become
taxiible by virtue of any a ge in the federal to regulation,
the ccessr'u . bidder may in his election be relieved of his
obligations to nurchase said ))ends.
Dated at Hilo., Hawaii,, this 6th clay of January, 1965.
MTRODUCEM BY:
(SGD) ELIAS P. YADAO
District.
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