HomeMy WebLinkAboutCOM 0154.012 2010-2012 Pete Hoffmann � .. Phone No. Hilo: (808) 961 -8027
Vice Chair /Councilman �. Phone No. Waimea: (808) 887 -2043
District 9 - North and South Kohala •s Fax No.: (808) 887 - 2072
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4k . ;, : i•I.` E -Mail: poffmann@co.hawaii.hi.us
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HAWAII COUNTY COUNCIL
County of Hawai `i
Hawai `i County Building Holomua Center
25 Aupuni Street 64 -1067 Mamalahoa Highway, Suite C -5
Hilo, Hawai `i 96720 Waimea, Hawaii 96743
TO: Dominic Yagong, Chair
and Members of the Hawaii County Council
FROM: ` Hoffmann, Vice Chair r`�
Date: April 20, 2011
Subject: Proposed Amendment to Bill No. 311, Draft 2; Relating to General Obligation'
Bonds
Please find below a proposed amendment to Bill No. 311, Draft 2. The amendment is illustrated
via Ramseyer format; material to be deleted is bracketed and stricken through, material to be
added is underscored.
The proposed amendment to SECTION 2 of Bill No. 311, Draft 2, reads as follows:
"SECTION 2. Authorization of Bonds. There are hereby authorized for issuance and sale, in one or
more series, Bonds of the County, in an aggregate principal amount not to exceed $56,000,000, for the
purpose of funding all or a portion of the costs (including costs of issuance of the Bonds) of public
improvement projects authorized and set forth as follows:
Project Description Estimated Cost
Kawaihae Housing Closure 1,600,000
Kaloko Housing Project 2,300,000
Pool Drainage Covers 500,000
Puna Park - New Park Development 5,500,000
KTkala- Keokea New Park Development 100,000
Comm. No. / /2-
Serving the Interests of the People of Our Island
Ref. To: pretesl+� code,/ J
Ref. Date APR 2 0 2011
Hawaii County Is An Equal Opportunity Provider And Employer
April 20, 2011
Page 2 of 2
North Kohala Recreational Facilities Repair and Upgrade 2,000,000
Banyan Beach Parking Lot 300,000
Kapi`olani Street Extension 8,700,000
Puna Makai Alternate Roadway (PMAR) 500,000
La`aloa Extension 20,000,000
Energy Efficiency Upgrades (DPW) 4,000,000
Hawaiian Ocean View Estates Solid Waste
Transfer and Recycling Station 3,000,000
[Kalaniana`olc Collector Sewer Phase II] Kalaniana`ole Interceptor Sewer
Rehabilitation Phase 2 6,900,000
Waimea Recycle and Transfer Station Garage 100,000
Bond Issuance Costs 500,000
Total 56,000,000
In an effort to conserve resources, no draft copy of Bill No. 311, Draft 3, is attached.
Thank you.
PH /dh
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