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HomeMy WebLinkAboutCOM 0712.000 2014-2016William P. Kenai May, February 16, 2016 County of Hawaii Finance Department 25 Anpuni Street, Stine 2103 • Hila, it wa'i 96720 (808)961-8234 . Fae(808)961-8569 Dru Kanuha, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Wastewater Improvement Project Deanna S. Sako Dtreno. Lisa K. Miura Deputy Dirennr The State Department of Health has issued a commitment letter indicating that funding through the State Water Pollution Control Revolving Fund Loan Program will be available for the following project: Kealakehe Scrap Metal Yard Remediation: $6,000,000 Enclosed is a bill for an ordinance authorizing the Mayor to enter into an intergovernmental agreement for a State Water Pollution Control Revolving Fund Loan (SRF) of $6,000,000 and authorizing the issuance of general obligation bonds for the purpose of financing this improvement project. Pursuant to the County Procedures Manual for Participation in the Hawaii State Revolving Fund Loan Program, prepared by the Wastewater Branch of the Hawaii Department of Health in April 1994, part of the loan application process requires a `resolution or ordinance passed by the County Council which authorizes the SRF loan application and identifies the dedicated sources) of revenue (i.e., general obligation bonds) which will fund the project and repayment of the loan with interest" The Council's authorization of the issuance of general obligation bonds will serve as a pledge of its general obligation authority as security for repayment of the loan and interest. We request that this bill be waived from committee and that a breach be authorized for transmittal to Council in order to expedite this project. If there are any questions, please do not hesitate to call Robin Bauman of the Department of Environmental Management at 981-8179. Deanna S. Sako Director of Finance Enc. t cc: Environmental Management Comm. No. I 1 Z Ref. To: eiw [wC C6tu ,S�> HawaitiCounty isanEqual Opportunity Provider and Employer Ref. Dote FEB 17 2016 Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Dept of Environmental Management DATE: STAFF CONTACT: Greg Goodale PHONE: 961-8515 A. REQUEST: An Ordinance authorizing the Mayor to enter into an intergovernmental agreement for a State Water Pollution Control Revolving Fund Loan for Solid Waste improvement projects and authorizing the issuance of $6,000,000 General Obligation Bonds of the County of Hawaii for the purpose of financing the following project: Kealakehe Scrap Metal Yard Remediation $6,000,000 B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The State Department of Health has issued a commitment letter that funding through the State Water Pollution Control Revolving Fund Loan Program is available for the Kealakehe Scrap Metal Yard Remediation project. This project was previously appropriated under Ordinance 13-066 in the amount of $3,000,000 with funding to come from County general obligation bonds. This request will allow us to take advantage of the lower interest rates provided by the State Revolving Fund Loan Program. This project is needed to satisfy the closure requirements of the solid waste management permit No. SV -0006- 03 for the Kealakehe Scrap Metal Yard. Work will include excavating the lead impacted soil and transporting to the West Hawaii Sanitary Landfill for final disposal. The goal is to obtain closure of the site to meet DOH environmental action levels for commercial/industrial land use. The design for this project is at 95 percent completion and the construction is expected to begin in the second quarter of 2016. SIGNED:pm DATE: I �LZII! Department Head KAREN EOEF Chuirperson VALERIE T. POINDEXTER P',,, Char, HAWAII COUNTY COUNCIL County of Hmvai'i H,,, YCounty Badding 25. lupani Street Hila, 11,v,ce 196720 February 17, 2016 Dru Mamo Kanuha, Chairperson Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 AARON S.Y. CHUNG MAILE"MEDEIROS"DAVID GREGGORILAGAN DRU MAMO KANUFIA DENNIS "FRESH" ONISHI DANNY PATEKA MARGARET" WILLE RE: Bill No. 157 : AN ORDINANCE AUTHORIZING THE MAYOR OF THE COUNTY OF HAWAII TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR A STATE WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR SOLID WASTE PUBLIC IMPROVEMENT PROJECTS; AND AUTHORIZING I HE ISSUANCE OF $6,000,000 GENERAL OBLIGATION BONDS OF THE COUNTY OF HAWAI`t FOR THE PURPOSE OF FINANCING QUALIFIED SOLID WASTE PUBLIC IMPROVEMENTS OF THE COUNTY OF HA WAIT 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. Sincerelyy,,j Karen Eoff, Chairperson Committee on Finance ove D [e/W,a,�-iv-�e to Council: Dru Marro Kanuha, Chairperson Hawaii County Council KE/wb Disapproved/Date/Refer to FC: Dru Marto Kanuha, Chairperson Hawaii County Council /Emai'i County is an Equal Opportunio• Provider and Employer