HomeMy WebLinkAboutBIL 155 Draft 01 2012-2014 ....•
COUNTY OF HAWAII STATE OF HAWAII
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BILL NO. 155
ORDINANCE NO.
AN ORDINANCE AMENDING ORDINANCE NO. 11-40, AS AMENDED BY ORDINANCE
NO. 13-47, PERTAINING TO THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR
THE PURPOSE OF FINANCING VARIOUS PUBLIC IMPROVEMENTS DESCRIBED
THEREIN.
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII:
SECTION 1. Section 2 of Ordinance No. 11-40 as heretofore amended by Ordinance No. 13-
37, is further amended to read 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 308,667.45
Kaloko Housing Project 3,591,332.55
[Pool Drainage Covers] [500,000]
Puna Park- New Park Development 5,500,000
Kikala-Keokea New Park Development 100,000
North Kohala Recreational Facilities Repair and Upgrade 2,000,000
[ ] [ 0]
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
[ . . .`. - . . _ - . .• • . . - ] [6,900,000]
Waimea Recycle and Transfer Station Garage 100,000
Repair/Replacement of Wastewater Facilities 2,000,000
DPW Facilities Renovation 400,000
DPW Repairs &Maintenance 2,400,000
DPW ADA Compliance 1,800,000
DPW Hazardous Materials Abatement 300,000
DPW Facilities Hardening 800,000
Bond Issuance Costs 500,000
Total 56,000,000
SECTION 2. Material to be repealed is bracketed and stricken. New material is
underscored. In printing this ordinance, the brackets, bracketed and stricken material and
underscoring need not be included.
SECTION 3. 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 4. This ordinance shall take effect upon its approval.
INTRODUCED BY: -
CLP
COUNCIL MEMBER, COUNTY OF
HAWAI`I
, Hawai`i
Date of Introduction:
Date of 1st Reading:
Date of 2nd Reading:
Effective Date:
531
REFERENCE Comm. 2