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COUNTY OF HAWAII STATE OF HAWAII <br />BILL NO. 209 <br />ORDINANCE NO. <br />AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OF <br />THE COUNTY OF HAWAII FOR THE PURPOSE OF FINANCING VARIOUS PUBLIC <br />IMPROVEMENTS OF THE COUNTY OF HAWAII; FIXING THE FORM, DENOMINATIONS, <br />AND CERTAIN OTHER DETAILS OF SUCH BONDS AND PROVIDING FOR THEIR SALE; <br />AND AUTHORIZING THE ISSUANCE AND SALE OF A LIKE PRINCIPAL AMOUNT OF <br />GENERAL OBLIGATION BOND ANTICIPATION NOTES IN ANTICIPATION OF THE <br />ISSUANCE AND SALE OF SUCH BONDS AND APPROPRIATING FUNDS FOR THE COSTS <br />OF THE ISSUANCE OF SUCH BONDS. <br />BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII <br />SECTION L Findi Qs and Determinations. It is hereby found and determined that <br />appropriations for public improvement projects of the County of Hawaii, Hawaii to be financed from <br />general obligation bond funds have been made in Ordinance No. 95-75, as amended, Ordinance No. <br />96-68, as amended, and Ordinance No. 97-82, as amended, for the fiscal years ending June 30, 1996, <br />June 30, 1997, and June 30, 1998, respectively. It is hereby further found and determined that it is <br />advisable and in the best interest of the County to authorize the issuance and sale of general obligation <br />bonds of the County in the maximum principal amount of $20,000,000, the proceeds derived from <br />the sale of which shall be used to pay all or a part of the costs of appropriations referred to above and <br />to pay all or a part of the costs of issuance of such bonds. <br />SECTION 2. Authorization Qf Bonds. There are hereby authorized for issuance and <br />sale general obligation bonds of the County (the 'Bonds") in the maximum principal amount of <br />R-(- dl <br />