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HomeMy WebLinkAboutCOM 0652.000 2010-2012 JMSY OiM�, Phone: (808) 961-8263 BRITTANY SMART Fax: (808) 961-8912 Councilmember Fax.. Hawai`i County Council _ , : District 6 .f 4 .� �., Upper Puna, Ka`u, South Kona t'oF M"'" Hawai`i County Council County of Hawai`i 25 Aupuni Street Hilo, Hawaii 96720 C) iv ; C) } DATE: March 27, 2012 C) TO: Dominic Yagong, Chairperson tv `=x) and Members of the Hawaii County Council 1, FROM: VIAtBrittany Smart, Council Member Subject: AN ORDINANCE AUTHORIZING THE ISSUANCE OF UP TO $31,000,000 AGGREGATE PRINCIPAL AMOUNT OF GENERAL OBLIGATION BONDS OF THE COUNTY OF HAWAII FOR THE PURPOSE OF FUNDING ALL OR A PORTION OF THE COSTS OF A POLICE LAND MOBILE RADIO UPGRADE PROJECT OF THE COUNTY; FIXING THE FORM,DENOMINATIONS,AND CERTAIN OTHER DETAILS OF SUCH BONDS AND PROVIDING FOR THEIR SALE TO THE PUBLIC;AND AUTHORIZING THE TAKING OF OTHER ACTIONS RELATING TO THE ISSUANCE AND SALE OF THE BONDS. I am transmitting for Council consideration the above captioned bond issuance authorization legislation. Please place it on the April 18, 2012 Council agenda. BS/nh ( 13111 211) Comm. No. •c 2 Ref. To: W Ref. Date ` ' ' 2 I Serving the Interests of the People of Our Island Hawaii County is an Equal Opportunity Provider and Employer DOMINIC YAGONG gyp.••. FRED BLAS Chairperson BRENDA FORD -, : `'.r '�1• PETE HOFFMANN K. ANGEL PILAGO • 7"_rr. DONALD IKEDA Vice Chair I: .' DENNIS "FRESH"ONISHI OF'M1•4 BRITTANY SMART J YOSHIMOTO HAWAII COUNTY COUNCIL County of Hawaii Hawaii County Building 25 Aupuni Street Hilo, Hawaii 96720 March 20, 2012 Dominic Yagong, Chairperson Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 RE: Bill No. 222 : A BILL FOR AN ORDINANCE AUTHORIZING THE ISSUANCE OF UP TO $31,000,000 AGGREGATE PRINCIPAL AMOUNT OF GENERAL OBLIGATION BONDS OF THE COUNTY OF HAWAII FOR THE PURPOSE OF FUNDING ALL OR A PORTION OF THE COSTS OF A POLICE LAND MOBILE RADIO UPGRADE PROJECT OF THE COUNTY; FIXING THE FORM, DENOMINATIONS, AND CERTAIN OTHER DETAILS OF SUCH BONDS AND PROVIDING FOR THEIR SALE TO THE PUBLIC; AND AUTHORIZING THE TAKING OF OTHER ACTIONS RELATING TO THE ISSUANCE AND SALE OF THE BONDS. Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawaii, this written request is submitted with my approval that the above-referenced matter be waived from the Committee on Finance to the full Council for immediate action. In reviewing this matter, timely approval is crucial. It is therefore advantageous that approval is granted and the matter be placed onto the next Council agenda for review. However, in the event this request is denied, for whatever reason, I understand the matter shall be referred to the Committee on Finance for placement on its future agenda. Sincerely, Brend. . Ford, Chairperson, Finance Committee Ap,+rove. I ate/Waive to Council: Disapproved/Date/Refer to FC: Dominic Yagon:, I\ a v erson Dominic Yagong, Chairperson Hawaii County Co nci Hawaii County Council BJF/dkr Serving the Interests of the People of Our Island Hawai`i County is an Equal Opportunity Provider and Employer