HomeMy WebLinkAboutORD 2012-129 2010-2012COUNTY OF HAWAII
STATE OF HAWAII
BILL NO. 280
ORDINANCE NO. 12 IL29
AN ORDINANCE AMENDING ORDINANCE NO. 11-81, WHICH AUTHORIZED THE
MAYOR TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR A STATE
WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR WASTEWATER
PUBLIC IMPROVEMENT PROJECTS AND AUTHORIZED THE ISSUANCE OF
GENERAL OBLIGATION BONDS FOR THE PURPOSE OF FINANCING QUALIFIED
WASTEWATER PUBLIC IMPROVEMENTS OF THE COUNTY OF HAWAII.
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII:
SECTION 1. The title of Ordinance No. 11-81 is hereby amended to read as follows:
"AN ORDINANCE AUTHORIZING THE MAYOR OF THE COUNTY OF HAWAII
TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR A STATE
WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR WASTEWATER
PUBLIC IMPROVEMENT PROJECTS; AND AUTHORIZING THE ISSUANCE OF
[$9,200,000]$9,822,000 GENERAL OBLIGATION BONDS OF THE COUNTY OF
HAWAII FOR THE PURPOSE OF FINANCING QUALIFIED WASTEWATER
PUBLIC IMPROVEMENTS OF THE COUNTY OF HAWAII"
SECTION 2. Section 1 of Ordinance No. 11-81 is hereby amended to read as follows:
"SECTION 1. Request for Loan. The County of Hawai'i, pursuant to Section
342D-54, Hawaii Revised Statutes, will be submitting an application for a State
Water Pollution Control Revolving Fund Loan (SRF Loan) to the Director of the
Department of Health, State of Hawaii, to finance the construction of the
wastewater projects listed in "[ xh it °] Exhibit A, Draft 2".
"Under the terms and conditions anticipated with regard to such SRF loan,
the County shall repay, over a term of twenty years, the principal amount, which
shall not exceed [$9;-000] $9,822,000, at a fixed rate of interest which shall
not exceed the Bond Buyer's 20 -year general obligation bond issue."
SECTION 3. Material to be repealed is bracketed and stricken. New material is
underscored.
SECTION 4. The only changes to Ordinance 11-81 are reflected solely in the monetary
amounts indicated in the Ordinance Title, Section 1, and in Exhibit A which has been replaced
with a new exhibit labeled as Exhibit A, Draft 2.
SECTION 5. Severability. If any provision of this ordinance, or the application thereof
to any person or circumstance, is held invalid, such invalidity shall not affect other provisions
or applications of the ordinance which can be given effect without the invalid provision or
application, and to this end, the provisions of this ordinance are declared to be severable.
SECTION 6. Effective Date. This ordinance shall take effect upon its approval.
INTRODUCED BY:
COUNCIL MEMBER, COUNTY OF HAWAI'i
_ H; j ,, , Hawai'i
Date of Introduction: August 15, 2012
Date of 1 st Reading: August 15, 2012
Date of 2nd Reading: September 6, 2012
Effective Date: September 27, 2012
REFERENCE GWft 780
[EXHIBIT o] EXHIBIT A, DRAFT 2
WASTEWATER PUBLIC IMPROVEMENT PROJECTS (SRF FUNDED)
Prosect
Department of Environmental Management:
Kalaniana'ole Interceptor Sewer Rehabilitation Phase II
Kula'imano and Papa'ikou Dewatering
Amount
c.p. ....fe11
$1,200,000
OFFICE OF THE COUNTY CLERK
County of Hawaii
Hilo, Hawaii
Introduced By:
Brenda
Ford B/R
Date Introduced:
August
15, 2012
First Reading:
August
15, 2012
Published:
August
25, 2 012
REMARKS:
Second Reading: September 6, 2012
To Mayor:
September 17, 2012
Returned:
October 1, 2012
Effective:
September 27, 2012
Published:
October 16, 2012
REMARKS:
ROLL CALL VOTE
AYES
NOES
ABS
EX
Blas
X
Ford
X
Hoffmann
X
Ikeda
X
Onishi
X
Pilago
X
Smart
X
Yagong
X
Yoshimoto
X
8
0
1
0
ROLL CALL VOTE
AYES
NOES
ABS
EX
Blas
X
Ford
X
Hoffmann
x
Ikeda
X
Onishi
X
Pilago
X
Smart
x
Yagong
X
Yoshimoto
X
9
0
0
0
I DO HEREBY CERTIFY that the foregoing BILL was adopted by the County Council published as
indicated above.
APPROVED AS TO -
FORM AND LEGALITY:
COUNCIL CHAIRPER, N 1
DEPUTY C PORATION COUNSEL
COUNTY OF HAWAII
'OUNTY CLERK
Date'z--
/.. y� Bill No.:
Approved/Dis proved this �'day Reference:
Ord No.:
of �''�T�-/ , 20 i2
MAYOR, COUNTY OF HAWAII
280
C-780/FC-240