HomeMy WebLinkAboutNTC COU PUBLIC HEARING 2014-11-18 2012-2014 RE SID LONO KONA HAWAII COUNTY COUNCIL
NOTICE OF PUBLIC HEARING
(November 18, 2014)
(Council Chambers- West Hawai`i Civic Center, Building A, o n
74-5044Ane Keohokalole Highway, Kailua-Kona, Hawaii) °�
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SEWER SYSTEM IMPROVEMENT DISTRICT
LONO KONA SUBDIVISION, NORTH KONA, HAWAII
TO THE OWNERS OF LANDS TO BE ASSESSED AND/OR ACQUIRED WITHIN
SAID IMPROVEMENT DISTRICT AND TO ALL PERSONS INTERESTED
GENERALLY:
Pursuant to Resolution No. 264-14, adopted on January 22, 2014, as amended by Resolution
519-14, adopted on October 1, 2014, the Hawaii County Council proposes to establish a Sewer
System Improvement District (the "Improvement District") for the Lono Kona Subdivision,
North Kona, Hawaii, and to assess properties within said Improvement District as provided in
Chapter 12, Hawaii County Code.
Pursuant to the requirements of Sections 12-10(e), 12-27 and 12-28, Hawaii County Code,
notice is hereby given of the following:
1. General Details of Proposed Improvements
This Improvement District is being initiated by the Hawaii County Council for the design and
installation of a public sewer system for the Lono Kona Subdivision (the "Special
Improvements"), as more fully described in an amended report on the proposed establishment of
the Improvement District from the Director of the Hawaii County Department of Environmental
Management (Communication No. 492.1) dated December 11, 2013 (including the Exhibits
attached thereto, the "Director's Report"). The Director's Report includes, among other things:
(i) a map showing the locations of the Special Improvements; (ii) a preliminary assessment roll
for the Improvement District; (iii) a description of assessment units to be assessed within the
Improvement District, including the method of assessment of each assessment unit, the
maximum proposed assessment for each assessment unit and a list of all known owners of the
assessment units; and (iv) an estimate of the costs of the Special Improvements by the Director
of the Department of Environmental Management. The Director's Report was further amended
by a letter dated September 8, 2014, to the County Council (Communication No. 1029.1) (the
"Amendment to Director's Report"), which includes a revised assessment roll as Exhibit A
thereto.
Scope and Location of Special Improvements. This Improvement District consists of 145
"assessment units" (i.e., subdivided parcels or condominium units) on 110 lots within the Lono
Kona Subdivision, as identified (by tax map key number and property owner) in the revised
assessment roll included in the Amendment to Director's Report. The Special Improvements
will include, without limitation:
• 5,640 Lin. Ft., 8-inch PVC SDR-26 sewer pipe and fittings;
• 360 Lin. Ft., 10-inch PVC SDR-26 sewer pipe and fittings;
• 29 Each, sewer manholes 5.0' to 95 deep;
• 4 Each, lined shallow drop sewer manholes 10.0'to 14.99' deep;
• 1 Each, lined drop sewer manholes 15.00'to 20.00' deep; and
• 110 Each, sewer lateral connections.
Estimated Cost of Special Improvements. The total estimated cost of the Improvement District is
$6,461,800. Assuming the project costs to be equal to such estimate, and, further assuming a
U.S.D.A. Rural Utilities Service Grant in the amount of$4,024,800 to be applied against the
project costs, the net project costs would be $2,437,000.
Method of Assessment. Each assessment unit existing as of the date that assessments begin to
accrue shall be subject to an assessment calculated by:
(1) dividing the Net Project Costs by the total number of single-family equivalents
("SFEs")represented by all assessment units in the Improvement District, and
(2) with respect to each assessment unit, multiplying the amount determined pursuant to
(1) above by the number of SFEs represented by such assessment unit.
SFEs reflect estimated wastewater generation by land use(specifically, single-family, duplex,
apartment or commercial), as determined in the manner set forth in the Director's Report based on(i)
each assessment unit's existing land use, or(ii) in the case of vacant land,the existing zoning for
such land. Assuming net project costs of$2,437,000, the anticipated assessment per SFE will be
$9,090. The total assessment for each assessment unit will depend on the number of SFEs
represented by that unit, as set forth in the revised assessment roll included in the Amendment to
Director's Report.
Pursuant to HRS §46-74.1, §46-74.2, and Hawaii County Code §12-5, the assessments for 10
properties owned by qualifying nonprofits will be paid for by the County. The total cost is
$294,526 for 32.4 SFEs.
Financing Through Bonds. The County intends to issue general obligation bonds to finance all or
a portion of the net project costs of the Special Improvements. Assessments collected by the
County will be used to pay or reimburse the County for payments of principal and interest on
such bonds and/or costs not financed by the bonds.
Prepayment Options.Unless paid in full, assessments will be payable in quarterly installments
sufficient to meet the principal and interest requirements for the County's general obligation bonds
issued for the Improvement District until they mature. A property owner's assessment may be paid to
the Director of Finance in full,without additional charges, at any time within 30 days after the date of
the last publication of the ordinance to set the Improvement District assessments. After this 30-day
period,property owners will also be permitted to prepay the unpaid balance of their assessments in full,
plus a 3%premium on the amount to be prepaid(unless waived) and interest at the rate on the bonds
until they can be redeemed with the assessment prepayment.
2. Date, Time and Place of Public Hearing
A Public Hearing will be held before the Hawaii County Council on Tuesday, November 18,
2014, at 6:00 p.m. in the Council Chambers at the West Hawaii Civic Center, Building A, 74-
5044 Ane Keohokalole Highway, Kailua-Kona, Hawaii, to consider the matter of the
Improvement District.
Notice is hereby given that pursuant to Section 92-3.5, Hawaii Revised Statutes, the Hawaii
County Council will be conducting this public hearing via videoconference. Council Member(s)
may be present at the following locations: County Council Room, Hawaii County Building, 25
Aupuni Street, First Floor, Room 1401; and Kona Council Room, West Hawaii Civic Center,
74-5044 Ane Keohokalole Highway, Building A. Public attendance via videoconference is
available at the locations above. If audio stream between Kona and Hilo is lost for more than a
short period of time, the meeting will be terminated in the event Council Members participate
from both locations.
All interested persons are invited to attend, and they shall be afforded the opportunity to be
heard. The meeting place is accessible for persons with disabilities. Persons who need special
accommodations for this public hearing should call 961-8255 by November 13, 2014. Relay
Users please call 711 (961-8255) to contact our office.
3. Testimony, Protests and Objections
At the Public Hearing to be held on November 18, 2014, the testimony of all owners of
assessment units and other interested parties shall be heard with respect to the proposed
Improvement District and the information, findings and determinations in Resolution No. 264-14
and the Director's Report as amended by Resolution 519-14 and the Amendment to Director's
Report, respectively, including testimony for or against the establishment of the Improvement
District, the extent of the Improvement District, and levy of the special assessment. This Public
Notice hereby advises all owners and other interested parties that, in accordance with
Section 12-10(e), Hawaii County Code, a protest against making all or part of the
proposed improvements or against the methods by which such assessments are to be made,
or the inclusion of certain costs therein must be submitted in writing to be considered by
the Council. Such written protests or objections may be mailed to: County Clerk, County of
Hawaii, 25 Aupuni Street, Hilo, Hawaii 96720, prior to the Public Hearing, or such written
protest may be submitted in person at the date and time of the Public Hearing. The County Clerk
protest may be submitted in person at the date and time of the Public Hearing. The County Clerk
will not accept any mailed protests that are postmarked after November 18, 2014, or protests
submitted in person after adjournment of the Public Hearing.
Unless fifty percent(50%) or more of the owners of assessment units file written protests at or before
the Public Hearing against making all or part of the assessments,or part of the proposed improvements,
or against the methods by which such assessments are to be made, or the inclusion of certain costs
therein,the County Council may proceed to establish the Improvement District and levy assessments
by ordinance.
4. Availability of Documents
Copies of the Director's Report and the Amendment to Director's Report (including the
respective Exhibits thereto) are available for inspection at the offices of the Department of
Environmental Management during regular business hours (between 8:00 a.m. and 4:00 p.m.
Monday through Friday, except holidays) at any time prior to and including the date of the
Public Hearing. Such offices are 345 Kekuanao`a St., Suite 41, Hilo, HI 96720, and 74-5044
Ane Keohokalole Highway, Bldg. D, Kailua-Kona, HI 96740.
Copies of Resolution No. 264-14 and Resolution No. 519-14, together with the Director's Report
and the Amendment to Director's Report, are available for inspection during regular business
hours (8:00 a.m. to 4:00 p.m., Monday through Friday, except holidays) at: (1) the Office of the
County Clerk, Hawaii County Building, 25 Aupuni Street, Hilo, Hawaii; (2) the West Hawaii
Civic Center, Building A, 74-5044 Ane Keohokalole Highway, Kailua-Kona, Hawaii; and
(3) the Office of the Mayor, West Hawaii Civic Center, Building C, 74-5044 Ane Keohokalole
Highway, Kailua-Kona, Hawaii. The Resolution and attached documents can also be reviewed
on the County's website at the following link:
http://records.co.hawaii.hi.us/Weblink8/doc/802223/Pagel.aspx.
BY AUTHORITY OF THE HAWAII COUNTY COUNCIL
OPCLERK
(Hawai`i Tribune Herald—Oct. 28, Oct. 31, Nov. 03, & Nov. 06, 2014)
(West Hawaii Today— Oct. 28, Oct. 31, Nov. 03, & Nov. 06, 2014)
Hawaii County is an Equal Opportunity Provider and Employer.
AFFIDAVIT OF PUBLICATION
State of Hawaii )
SS:
County of Hawaii )
LEILANI K. R. HIGAKI , being first
duly sworn, deposes and says:
1. That she is the BUSINESS MANAGER of
HAWAII TRIBUNE - HERALD
,a
newspaper published in the City of HILO
State of Hawaii.
2. That the" HAWAII I COUNTY COUNCIL NOTICE OF PUBLIC HEARING
(November 18, 2014) ... SEWER SYSTEM IMPROVIIMENT DISTRICT... etc.
of which a clipping from the newspaper as published is attached hereto, was pub-
lished in said newspaper on the following date(s)
346461 October 28, 31: November 3 6 2014 , (etc.).
Subscribed and sworn to before me
this 20th day of November, 2014
��, E' K I ,iI1 'ele
�fO0O!i
S1 � -
DANETTE K. KOOCHI
/v
I
Notary Public, Third Circuit, State of Hawaii �
'.1 ,
Comm. No.
14-92 •
My commission expires March 93,
Subscribed and sworn to before me
this 20th day of November, 2014
��, E' K I ,iI1 'ele
�fO0O!i
S1 � -
DANETTE K. KOOCHI
NOTARY s%
— PUBLIC
Notary Public, Third Circuit, State of Hawaii �
Comm. No.
14-92 •
My commission expires March 93,
2018
qj OF t1P �%
Page(s): 1
HAWAII COUNTY COUNCIL
NOTICE OF PUBLIC HEARING
(November 18,2014)
(Council Chambers - West Hawai'i civic Center, Building A,
74 -5044 Ane Keohoklilole Highway, Kailua -Kona, Hawai7)
SEWER SYSTEM IMPROVEMENT DISTRICT
LONO KONA SUBDIVISION, NORTH KONA, HAWAI'I
TO THE OWNERS OF LANDS TO BE ASSESSEMAND /OR ACQUIRED WrrHIN SAID
IMPROVEMENT DISTRICT AND TO ALL PERSONS INTERESTED GENERALLY-
?ursuant to Resolution No. 264 -14, adopted on January 22, 2014, as amended by
Resolution 519 -14; adopted on October 1, 2014, the Hawaii County Council proposes to
establish a Sewer System. Improvement District (the "Improvement District ") for the Lono
Kona Subdivision, North Kona, Hawaii, and to assess properties within said Improvement
District as provided in Chapter 12, Hawaii County Code.
Pursuant to the requirements of Sections 12- 10(e),12 -27 and 12 -28, Hawai'i County Code,
notice is hereby given of the following:
1. General Details of Proposed Improvements
This Improvement District is being initiated by the Hawaii County Council for the design
and installation of a public sewer system for the Lono Kona Subdivision (the "Special
Improvements "), as more fully described in an amended report on the proposed
establishment of the Improvement District from the Director of the Hawai'i County
Department of Environmental Management (Communication No. 492.1) dated
December 11, 2013 (including the Exhibits attached thereto, the "Director's Report"). The
Director's Report includes, among other things: (i) a map showing the locations-of the
Special Improvements; (ii) a preliminary assessment roll for the Improvement District;
(iii) a description of assessment units to be assessed within the Improvement District,
including the method of'assessment of each assessment unit, the maximum proposed
assessment for each assessment unit and a list of all known owners of the assessment
units; and {iv) an estimate of the costs of the Special Improvements by the Director of the
Department of Environmental Management. The Director's Report was further amended
by a letter dated September 8, 2014, to the County Council (Communication No. 1029.1)
(the "Amendment to Director's Report"), which includes a revised assessment roll as
Exhibit A thereto.
Scope and Location of Special improvements— This Improvement District consists of 145
"assessment units" (i.e., subdivided parcels or condominium units) on 110 lots within the
Lono Kona Subdivision, as identified (by tax map key number and property owner) in the
revised assessment roll included in the Amendment to Director's Report. The Special
Improvements will include, without limitation:
1 5,640 Lin. Ft., 8 -inch PVC SDR -26 sewer pipe and fittings;
1 360 Lin. Ft., 10-inch PVC SDR -26 sewer pipe and fittings;
1 29 Each, sewer manholes 5.0' to 9.5' deep;
t 4 Each, lined shallow drop sewer manholes 10.0' to 14.99' deep;
t 1 Each, lined drop sewer manholes 15.00'to 20.00_' deep; and
y 110 Each, sewer lateral connections.
Estimated Cost of Special improvements. The total estimated cost of the Improvement
District is $6,461,800. Assuming the project costs to be equal to such estiniate, and,
further assuming a U.S.D.A. Rural Utilities Service Grant in the amount of $4,024,800 to be
applied against the project costs, the net project costs would be $2,437,000.
Method of Assessment. Each assessment unit existing as of the date that assessments
begin to accrue shall be subject to an assessment calculated by:
(1) dividing the Net Project Costs by the total number of single - family equivalents
( "SFEs ") represented by all assessment units in the Improvement District, and
(2) with respect to each assessment unit, multiplying the amount determined
pursuant to (1) above by the number of SFEs represented by such assessment
unit.
SFEs reflect estimated wastewater generation by land use (specifically, single - family,
duplex, apartment or commercial), as determined in the manner set forth in the Director's
Report based on 0) each assessment unit's existing land use, or (ii) in the case of vacant
land, the existing zoning for such land. Assuming net project costs of $2,437,000, the
anticipated assessment per SFE will be $9,090. The total assessment for each assessment
unit will depend on the number of SFEs represented by that unit, as set forth in the revised
assessment roll included in the Amendment to Director's Report.
Pursuant to HRS §46-74.1, §46 -74.2, and Hawaii County Code §12 -5, the assessments for 10
properties owned by qualifying nonprofits will be paid for by the County. The total cost is
$294,526 for 32.4 SFEs.
Financin_e Throuah Bonds. The County intends to issue general obligation boto finance
all or a portion of the net project costs of the Special Improvements. As., sess is
collected by the County will be used to pay or reimburse the County for paymeiks of,
principal and interest on such bonds and /or costs not financed by the bonds. '
Prepayment Options. Unless paid in full, assessments will be payable in quarterly
installments sufficient to meet the principal and interest requirements for the County's
general obligation bonds issued for the Improvement District until they mature. A
property owner's assessment may be paid to the Director of Finance in full, without
additional charges, at any time within 30 days after the date of the last publication of the
ordinance to set the Improvement District assessments. After this 30 -day period, ,
property owners will also be permitted to prepay the unpaid balance of their assessments
In full, plus a 3% premium on the amount to be prepaid (unless waived) and interest at the
rate on the bonds until they can be redeemed with the assessmt gdeymg
2. Date, Time and Mee of Public Hearing
A Public Hearing will beheld before the Hawaii County Council on Tuesday,
November 18, 2014, at 6..00 p.m, in the Council Chambers at the West Hawaii Civic
Center, Building A, 74 -5044 Ane Keohokalole Highway, Kailua -Kona, Hawai''i, to consider
the matter of the improvement District.
Notice is hereby given that pursuant to Section 92 -3.5. Hawaii Revised Statutes, the
Hawaii County Council will be conducting this public hearing via videoconference.
Council Member(s) may be present at the following locations: County Council Room,
Hawaii County Building, 25 Aupuni Street, First Floor, Room 1401; and Kona Council Room,
,West Hawaii Civic Center, 74 -5044 Ane Keohokalole Highway, Building A. Public
attendance via videoconference is available at the locations above. If audio stream
between Kona and Hilo is lost for more than a short period of time, the meeting will be
terminated in the event Council Members participate from both locations.
All, interested persons are invited to attend, and they shall be afforded the opportunity to
be heard. -The meeting place is accessible for persons with disabilities. Persons who
need special accommodations for this public hearing should call 961 =8255 by
November 13, 2014 . Relay Users please call 711(961 -8255) to contact our office.
3. Testimony, Protests and Objections
At the Public Hearing to be held on November 18, 2014, the testimony of all owners of
assessment units and other interested parties shall be heard with respect to the
proposed Improvement District and the information, findings and determinations in
Resolution No. 264 -14 and the Director's Report as amended by Resolution 519 -14 and the
Amendment to Director's Report, respectively, including testimony for or against the
establishment of the Improvement District, the extent of the Improvement. District, and
levy of the special assessment. This Public Notice hereby advises all owners and
other Interested parties that, In accordance with Section 12 -10(e), Hawaii County
Code, a protest against making all or part of the proposed improvements or
against the methods by which such assessments are to be made, or the inclusion
of certain costs therein must be submitted in writing to be considered by the
Council. Such written protests or objections may be mailed to: County Clerk, County of
Hawai'i, 25 Aupuni Street, Hilo, Hawaii 96720, prior to the Public Hearing, or such written
protest may be submitted in person at the date and time of the Public Hearing. The
County Clerk will not accept any mailed protests that are postmarked after November 18,
2014, or protests submitted in person after adjournment of the Public Hearing.
Unless fifty percent (50 %) or more of the owners of assessment units file written protests
at or before the Public Hearing against making all or part of the assessments, or part of
the proposed improvements, or against the methods by which such assessments are to
be made, or the Inclusion of certain costs therein, the County Council may proceed to
establish the Improvement District and levy assessments by ordinance.
4. Availability of Documents
Copies of the Director's Report and the Amendment to Director's Report (including the
respective Exhibits thereto) are available for inspection at the offices of the Department
of Environmental Management during regular business hours (between 8:00 a.m. and 4:00
P.M. Monday through Friday, except holidays) at any time prior to and including the date
Oof -the Public Hearing. Such offices are 345 Kek0an0o'a St., Suite 41, Hilo, HI 96720, and
74 -5044 Ane Keohokalole Highway, Bldg. D, Kailua- Kona, HI 96740.
Copies of Resolution No. 264 -14 and Resolution No. 519 -14, together with the Director's
Report and the Amendment to Director's Report, are available for inspection during
regular business hours (8:00 a.m. to 4:00 p.m., Monday through Friday, except holidays) at:
(1) the Office of the County Clerk, Hawaii County Building, 25.Aupuni Street, Hilo, Hawaii;
(2) the West Hawaii Civic Center, Building A, 74 -5044 Ane Keohokalole Highway, Kailua -
Kona, Hawaii; and (3) the Office of the Mayor, West Hawaii Civic Center, Building'C,
4 -5044 Ane Keohokalole Highway, Kailua -Kona, Hawaii. The Resolution and attached
documents can also be reviewed on the County's website at the following link:
http*//records.co.hawaii.hi.us/Weblink8/doc/802223/Pagel.aspx.
BY AUTHORITY OF THE HAWAII COUNTY COUNCIL
COUNTY CLERK
Hawaii County is an Equal Opportunity Provider and'Em 1
(346461 Hawaii Tribune - Herald: October 28,31; November 3, 6, 2014) P _Dyer.
J
AFFIDAVIT OF PUBLICATION
State of Hawaii )
SS:
County of Hawaii )
M. R. Chavez, being first duly sworn, deposes and says:
1. That she is the Classified Accountant of WEST HAWAII TODAY, a
newspaper published in the City of Kailua -Kona, State of Hawaii.
2. That "HAWAII COUNTY COUNCIL NOTICE OF PUBLIC HEARING
(November 18, 2014) (Council Chambers — West Hawai'i Civic Center...." of which a
clipping from the newspaper is attached hereto, was published in said newspaper on
the following date(s) October 28, 30; November 3, and 6, 2014 (etc.)
Subscribed and sworn to before me
This 6th day of November, 2014
Notary Public, Third Circuit,
State of Hawaii
Henriann P. Kahananui
0 TA
Comm. No, 11 -188
'°Ug LOS,
My Commission expires: June 6, 2015
# Page(s): 1
HAWAII COUNTY COUNCIL
NOTICE OF PUBLIC HEARING
(November 18, 2014)
(Council Cha mbers - West Hawai l Civic Center, Building A,
74-5044 Ane KeohokAlole Highway, Kallua -Kona, Hawaii)
SEWER SYSTEM IMPROVEMENT DISTRICT
LONO KONA SUBDIVISION, NORTH KONA, HAWAII
TO THE OWNERS OF LANDS TO BE ASSESSED AND /OR ACQUIRED WITHIN SAID
IMPROVEMENT DISTRICT AND TO ALL PERSONS INTERESTED GENERALLY:
,Pursuant to Resolution No. 264 -14, adopted on January 22, 2014, as amended by Resolution
1519 -14, adopted on October 1, 2014, the Hawaii County Council proposes to establish a
Sewer System Improvement District (the "Improvement District ") for the Lono Kona
Subdivision, North Kona, Hawaii, and to assess properties within said Improvement
District as provided in Chapter 12, Hawai'i County Code.
Pursuant to the requirements of Sections 12- 10(e), 12 -27 and 12 -28, Hawaii County Code
notice is hereby given of the following:
1. General Details of Proposed Improvements
This Improvement District is being initiated by the Hawaii County Council for the design
.and installation of a public sewer system for the Lono Kona Subdivision (the "Special
!Improvements"), as more fully described in an amended report on the proposed
establishment of the Improvement District from the Director of the Hawai'i County
Department of Environmental Management (Communication No. 492.1) dated
December 11, 2013 (including the Exhibits attached thereto, the "Director's Report")., The
Director's Report includes, among other things: (i) a map showing the locations of the
Special Improvements; (ii) a preliminary assessment roll for the Improvement District;
(iii) a description of assessment units to be assessed within the Improvement District,
including the method of assessment of each assessment unit, the maximum proposed
assessment for each assessment unit and a list of all known owners of the assessment
units; and (iv) an estimate of the costs of the Special Improvements by the Director of the
Department of Environmental Management. The Director's Report was further amended
by a letter dated September 8, 2014, to the County Council (Communication No. 1029.1)
(the "Amendment to Director's Report"); which includes a revised assessment roll as
Exhibit A thereto.
Scope and Location of Special Improvements. This Improvement District consists of 145
"assessment units" (i.e., subdivided parcels or condominium units) on 110 lots within the
Lono Kona Subdivision, as identified (by tax map key number and property owner) in the
revised assessment roll included in the Amendment to Director's Report. The Special
Improvements will, include, without limitation:
u 5,640 Lin. Ft., 8 -inch PVC SDR -26 sewer pipe and fittings;
u 360 Lin: Ft., 10 -inch PVC SDR -26 sewer pipe and fittings;
u 29 Each, sewer manholes 5.0' to 9.5' deep;
u 4 Each, lined shallow drop sewer manholes 10.0' to 14.99' deep;
u 1 Each, lined drop sewer manholes 15.00' to 20.00' deep; and
P 110 Each, sewer lateral connections.
Estir
na- t_ed Cost,of�ecial Improvement_s_., The total estimated cost of the Improvement
District is $6,461,800. Assuming the project costs to be equal to such estimate, and,
further assuming a U.S.D.A. Rural Utilities Service Grant in the amount of $4,024,800 to be
applied against the project costs, the net project costs would be $2,437,000.
Method of Assessment. Each assessment unit existing as of the date that assessments
begin to accrue shall be subject to an assessment calculated by:
(1) dividing the Net Project Costs by the total number of single - family equivalents
("SFEs ") represented by all assessment unitsin the Improvement District, and
(2) with respect to each assessment unit, multiplying the amount determined
pursuant to (1) above by the number of SFEs represented by such assessment
unit.
SFEs reflect estimated wastewater generation by land use (specifically, single - family,
duplex, apartment or commercial), as determined in the manner set forth in the
Director's Report based on (i) each assessment unit's existing land use, or (ii)'in the case
of vacant land, the existing zoning for such land. Assuming net project costs of
$2,437,000, the anticipated assessment per SFE will be $9,090. The total assessment for
each assessment unit will depend on the number of SFEs represented by that unit, asset
forth in the revised assessment roll included in the Amendment to Director's Report.
Pursuant to HRS §46 -74.1, §46 -74.2, and Hawaii County Code §12 -5, the assessments for 10
properties owned by qualifying nonprofits will be paid for by the County. The total cost is
•$294,526 for 32.4 SFEs.
Financing Through Bonds. The County intends to issue general obligation bonds to
finance all or a portion of the net project costs of the Special Improvements.
Assessments collected by the County will be used to pay or reimburse the County for
payrfients of principal and interest on such bonds,and/or costs not financed by the bonds.
Lhc ayrh@rrf Options. Unless paid in full, assessments will be payable in quarterly
installments sufficient to meet the principal and interest requirements for the County's
general obligation bonds issued,for the Improvement District until they mature. A
property owner's assessment may be paid to the Director of Finance in full, without
additional charges, at any time within 30 days after the date of the last publication of the
ordinance to set the improvement District assessments. After this 30 -day period,
property owners will also be permitted to prepay the unpaid balance of their
,assessments in full, plus a 3% premium on the amount to be prepaid (unless waived) and
interest at the rate on the bonds until they can be redeemed with the assessment
prepayment.
2. Date, Time and Place of Public Hearing
A Public Hearing will be held before the Hawai'i County Council on Tuesday,
;November 18, 2014 , at 6:00 p.m. in the Council - Chambers at the West Hawaii'! Civic
Center, Building A, 74 -5044 Ane Keohokalole Highway, Kailua -Kona, Hawaii;
BY AUTHORITY OF THE HAWAI'I COUNTY COUNCIL
COUNTY CLERK
Hawaii County is an Equal Opportunity Provider and Employer.
lest Hawaii Today - Oct. 28, Oct. 31, Nov 03, & Nov. 06, 2014)