HomeMy WebLinkAboutCOM 0844.003 2010-2012 MSY GF'
DENNIS "FRESH" ONISHI ��''�� '4 PHONE: (808)961-8396
: A—�'`* FAX: (808)961-8912
Council Member ' .
District 4 .
��' EMAIL:donishi@co.hawaii.hi.us
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HAWAII COUNTY COUNCIL
Mailing Address: 25 Aupuni Street,Hilo,Hawai`i 96720
DATE: October 3, 2012
TO: Dominic Yagong, Council Chair
And Members of the Hawai`i County Council
FROM: Dennis "Fresh" Onishi, Council Member AAA)
SUBJECT: Proposed Amendments to Bill No. 307, as Amended, Relating to the Issuance of
General Obligation Bonds for the County of Hawai`i
Please see proposed amendments to Bill No. 307, as amended. The proposed amendments below
are illustrated in Ramseyer format with respect to the contents of Bill No. 307, as amended, and
are in bold for illustrative purposes only.
1. Section 1, Findings and Determinations, is amended to read:
"SECTION 1. Findings and Determinations. The County Council hereby determines sale
and delivery of general obligation bonds of the County in an aggregate principal amount not to
exceed [$247935400] $30,376,220 (the"Bonds")for the purpose of funding all or a portion of the
costs of the County Projects referred to in Section 2 hereof."
2. Section 2,Authorization of Bonds, is amended to read:
"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 [$21,935,100]
$30,376,220, 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:
Estimated
"Project Description Cost
New South Kona Police Station 16,500,000
Public Safety Complex-Repainting 125,000
Police Records Section Receiving Counter Renovation 55,000
Na`alehu Police Station Repairs 75,000•
Comm. No 4 3
Hawai`i County is an Equal Opportunity Provider and Employer. Ref.TO:
Ref, Date C T 3 9at2
Parking Facilities,Amenities And Related Improvements in Downtown Hilo 150,000
Upper Waianuenue Avenue Road Safety Improvements 400,000
Downtown Hilo Accessibility&Mobility Improvements 200,000
DPR Repairs and Improvements to Facilities 4,000,000
Repair Hilo Outfall 1,000,000
Kilauea Avenue Im•rovements 4 016 000
Kamehameha Hwy Reconstruction,Wailoa Bridge to Ponahawai Street 3,240,000
[430,100]
Bond Issuance Costs 615,220
[$241-9353-1001
l
Total $30,376,220"
There is no attached draft copy in order to save paper and expense to the legislative branch.
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