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HomeMy WebLinkAboutCOM 0042.000 2014-2016William P. Kenoi Mayor AT QUIUUN of .aival`i Offirr of fhr npr Walter K.M. Lau Managing Director Randall M. Kurohara Deputy Managing Director 25 Aupuni Street, Suite 2603 • Hilo, Hawaii 96720 • (808) 961 -8211 • Fax (808) 961 -6553 KONA: 74 -5044 Ane Keohokalole Hwy., Bldg. C • Kailua -Kona, Hawaii 96740 (808) 323 -4444 Fax(808)323 -4440 :C-i December 17, 2014 =; Dru Kanuha, Council Chair and Members of the Hawaii County Council? Hawaii County Council 25 Aupuni Street c:) Hilo, Hawaii 96720 Re: Bill for an Ordinance Authorizing the Issuance of General Obligation Bonds Attached for your consideration is a bill authorizing the issuance of up to $20,000,000 in general obligation bonds for the County of Hawaii for capital improvement projects associated with the Lower Puna Lava Response projects and for highway road construction/repair. Lava Response projects were initiated in response to the June 27, 2014 Lava Flow event. The County continues to pursue federal and state assistance for costs incurred in response to this event. We request that this bill be waived from the Finance Committee and be placed on the January 7, 2015 Council agenda due to the time sensitive nature of this matter. If there are any questions, please do not hesitate to call me at 961 -8211. William P. Kenoi Mayor Enc. �ib-, 11 9, County of Hawaii is an Equal Opportunity Provider and Employer. Comm. No. q �- RrJ. 'ro: Poems �r 1 A 2014 KAREN EOFF Chairperson VALERIE T. POINDEXTER Vice Chair HAWAII COUNTY COUNCIL County of'Hawai'i Hawai'i County Building 25 Aupuni Street Hilo, Hawaii 96720 December 17, 2014 Dru Mamo Kanuha, Chairperson Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 AARON S.Y. CHUNG MAILE "MEDEIROS" DAVID GREGGORILAGAN DRU MAMO KANUHA DENNIS "FRESH" ONISHI DANNY PALEKA MARGARET WILLE RE: Bill No. 9 : AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE COUNTY OF HAWAII FOR THE PURPOSE OF FUNDING ALL OR A PORTION OF THE COSTS OF LOWER PUNA LAVA RESPONSE PUBLIC IMPROVEMENT PROJECTS AND HIGHWAY ROAD CONSTRUCTION /REPAIR PROJECTS; 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, Karen Eoff, Chairheison Committee on Finance Approved /Date /Waive to Council: Dru Mamo Kanuha, Chairperson Hawaii County Council KE /wb Disapproved /Date /Refer to FC: Dru Mamo Kanuha, Chairperson Hawaii County Council Hawaii County is an Equal Opportunity Provider and Employer