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HomeMy WebLinkAboutCOM 0624.000 2014-2016 jY•°F!! j�William P. Kenoi °°J+�-. , ' Deanna S. Sako "d'„' Director Mayor .. ,$1'”' ' Lisa K. Miura •+•i� T •'. Deputy Director f � Ni Mei•' • • 14 a;•M'.- County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 c CD January 4, 2016 : -' Dru Kanuha, Council Chair and t Members of the Hawai`i County Council Hawai`i County Council -�- 25 Aupuni Street = j Hilo, Hawaii 96720 w Re: Amending Intergovernmental Agreement and Bond Authorization Ordinance 14-99 Enclosed is a bill for an ordinance that amends Ordinance 14-99 which authorizes the issuance of general obligation bonds for financing wastewater public improvements. The purpose of this measure is to increase the Ordinance's stated maximum principal allowed for SRF funding, in order to match the maximum eligible loan to meet the current cost estimate for the Kealakehe Wastewater Treatment Plant Aeration Upgrade project. These changes are reflected in the Ordinance Title, Section 1, and in Exhibit A which has been replaced with a new exhibit labeled as Exhibit A, Draft 3. The Department of Environmental Management requests that this bill be waived from the Finance Committee and be placed on the January 22, 2016 Council Agenda in order to expedite the funding of this project. If there are any questions, please do not hesitate to call Robin Bauman of the Department of Environmental Management at 981-8179. (7c- to /9'- Deanna ✓Deanna S. Sako Director of Finance Enc. cc: Environmental Management Kau 1,35'> Comm. No. •24 Ref. To: drallnann Hawaii County is an Equal Opportunity Provider and Employer Ref. Gate JAN 05 2U Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Dept of Environmental Management DATE: 12/28/15 STAFF CONTACT: Dora Beck PHONE: 961-8513 A. REQUEST: An Ordinance amending Ordinance 14-99 authorizing the Mayor to enter into an intergovernmental agreement for a State Water Pollution Control Revolving Fund Loan for Wastewater improvement projects and authorizing the issuance of$23,000,000 General Obligation Bonds of the County of Hawai'i for the purpose of financing the following project: Kealakehe Wastewater Treatment Plant Aeration Upgrade and Sludge Removal: $23,000,000 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The project is currently funded via the State Water Pollution Control Revolving Fund Loan Program (Project No. C150080-27). Additional funds are required in order to replace the liners for Lagoons 1, 2, and 3 at the facility. There is evidence that the liners have experienced and continue to undergo deterioration due to natural causes resulting in the liners reaching the end of their serviceable life. The State Department of Health has confirmed that additional monies for replacement of the liners is available for the Kealakehe Wastewater Treatment Plant Aeration Upgrade and Sludge Removal project. The expected life of the liners is twenty to thirty years. We respectfully request that this bill be waived from Committee and placed on the next Council agenda in order to expedite the availability of additional SRF funding for this project. > r SIGNED: DATE: (2(.30jr�� Department Head ) KAREN EOFFv o�h AARON S.Y. CHUNG Chairperson le; ' MAILE"MEDEIROS"DAVID ;�-^ ¢ ':!,;,;' t. GREGGOR ILAGAN VALERIE T. POINDEXTER DRU MAMO KANUHA Vice Chair DENNIS- DANNY PALEKA MARGARET WILLE HAWAI`I COUNTY COUNCIL County of Hawai'i Hawaii County Building 25 Aupuni Street Hilo, Hawaii 96720 January 5, 2016 Dru Mamo Kanuha, Chairperson Hawai`i County Council 25 Aupuni Street Hilo, Hawai`i 96720 RE: Bill No. 135 : AN ORDINANCE AMENDING ORDINANCE NO. 14-99, WHICH AUTHORIZED THE MAYOR TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR A STATE WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR WASTEWATER PUBLIC IMPROVEMENT PROJECTS AND AUTHORIZED THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR THE PURPOSE OF FINANCING QUALIFIED WASTEWATER PUBLIC IMPROVEMENTS OF THE COUNTY OF HAWAII. Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawai`i, 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, littLizkur.A4.„' C;40*. Karen Eoff, Chairperson Committee on Finance A..rove• Date/Waive to Council: Disapproved/Date/Refer to FC: Dru Mamo Kanuha, Chairperson Dru Mamo Kanuha, Chairperson Hawai`i County Council Hawai`i County Council KE/wb Hawai`i County is an Equal Opportunity Provider and Employer