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HomeMy WebLinkAboutCOM 0154.023 2010-2012 106 Kamehameha Avenue Hawaii Island Hilo, Hawaii 96720 Q , Phone: (808) 935 - 7 1 7 8 � Chamber of Commer Fax: (8o8) 96 - 4435 A MBER OF— MMER�> E -mail: admin @hicc.biz www.hicc.biz April 20, 2011 2010 -11 Board Hawaii County Council Members 25 Aupuni Street President Hilo, Hawaii 96720 Mike Gleason President -Elect RE: Bill 311 Jon Miyata -,� Vice President I am here on behalf of the Hawaii Island Chamber of Commerce whose), Vaughn Cook membership includes approximately 300 businesses comprising more than 700 Treasurer individual members and ask that you approve Bill 311, related to the $56 Charles Erskine million bond authorization. Past President W feel this is an opportunity for our government to help stimulate the Mary Begier economy and provide good paying jobs for working families. Our members Directors and their families need the jobs now. Howard Ainsley Mitchell Dodo The projects slated to be financed by the proposed bond offering are needed Charles Esrkine and will go a long way to improving the quality of life and safety for our Stan Fortuna, Jr. residents, saving the environment by decreasing our dependency on fossil fuels Judith Fox - Goldstein and increasing our capacity to process recyclable items, and support the growth Jay Ignacio of our University. Ka'iu Kimura Karina Leasure Why this makes sense now. We have hundreds of construction workers out of Marco Mangelsdorf work. The projects, once financed and commenced, will put these people back Keith Marrack to work, generating more money into our economy. Bond interest rates are at Eugene Nishimura extremely low levels which means our County can save money by borrowing Spencer Oliver now. If we wait, our borrowing costs may increase, costing taxpayers more. Glenn Santos Finally, based on our economy, bid prices for construction work are at their Margaret Shiba lowest levels in years. The County has the potential to save millions of dollars Kimberly Shimabuku if the work is done sooner, rather than later. Alice Sledge Mele Spencer We feel the approval of Bill 311 is needed now. We hope the Council will vote Art Taniguchi to approve this Bill. Ron Terry Steve Ueda Very truly yours, William Walter Mike Gleason President Comm, No. /S Z; Ref. To: P, 11 Comme, i Ref. Dote, APR 2 0 2011