HomeMy WebLinkAboutCOM 0557.000 2016-2018 ••�tY OF H,'
(#.*.•�� :+,,'•, Wil Okabe.
,,l ili,, Managing Director
•
11•A •
Harry Kim *: 1;�•.,�
Mayor - - s+ . •
Barbara J.Kossow
Deputy Managing Director
OF f ...MO j
crl
.eater Q'
Count of.liguail =c,
®ffixr of firAtztvor Co c
25 Aupuni Street,Suite 2603 • Hilo,Hawai`i 96720 • (808)961-8211 • Fax(808)961-6553 .
73
KONA: 74-5044 Me Keohokalole Hwy.,Bldg.C • Kailua-Kona,Hawai`i 96740 iw
(808)323-4444 • Fax(808)323-4440
October 18, 2017
Valerie Poindexter, Council Chair and
Members of the Hawai`i County Council
Hawai`i County Council
25 Aupuni Street
Hilo, Hawai`i 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 $2,437,000 in general
obligation bonds for the County of Hawai`i for the purpose of financing a portion of the costs of
constructing a public sewer system serving the Lono Kona Subdivision; fixing the form,
denomination, and certain details of such bonds; providing for the issuance and-sale of such
bonds; and providing for other matters or actions pertaining to the issuance and sale of the bonds.
Time is of the essence regarding this bill and the accompanying resolutions. We therefore ask
that a breach be authorized to submit this resolution after the October 16, 2017 submission
deadline, and to waive it from the Finance Committee in order to be placed on the November 2,
2017 Council agenda. We also request that the five-day hold be waived in order to further
ex edite this bill. If you have any questions, please do not hesitate to call me at 961-8211.
• 11/4/111:
Harry Ki
Mayor
Enc.
6 U 717
Comm.No, 55
Ref.To: _ ,C,Ou� c%`tW-FC)
Ref.Date IO12 t1
County of Hawai`i is an Equal Opportunity Provider and Employer.
J�tY OF q, •. AARON S.Y. CHUNG
MAILE MEDEIROS DAVID (o, �,�•.,
Chairperson ^'�\��d DRU MAMO KANUHA
•
* ..:,„ //;t SUSAN L.K.LEE LOY
KAREN EOFF _' � == - EILEEN O'HARA
.. VALERIE T.POINDEXTER
Vice Chair '� +T;�..................
,T _ HERBERT M. "TIM"RICHARDS,III
JENNIFER RUGGLES
HAWAI`I COUNTY COUNCIL
County of Hawai`i
Hawai`i County Building
25 Aupuni Street
Hilo,Hawai`i 96720
October 19, 2017
Valerie T. Poindexter, Chairperson
Hawai`i County Council
25 Aupuni Street
Hilo, Hawai`i 96720
RE: Bill No. 77 : AN ORDINANCE AUTHORIZING THE ISSUANCE OF
GENERAL OBLIGATION BONDS OF THE COUNTY OF HAWAII IN AN
AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $2,437,000 FOR THE
PURPOSE OF FINANCING A PORTION OF THE COSTS OF CONSTRUCTING A
PUBLIC SEWER SYSTEM SERVING THE LONO KONA SUBDIVISION; FIXING
THE FORM, DEMONINATION, AND CERTAIN DETAILS OF SUCH BONDS;
PROVIDING FOR THE ISSUANCE AND SALE OF SUCH BONDS; AND PROVIDING
FOR OTHER MATTERS OR ACTIONS PERTAINING 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
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.
Since - 11W � �, 11P
Maile David, Chairperson
Committee on Finance
�• pproves/Date/Waive to Council: Disapproved/Date/Refer to FC:
jp,i(444-1. ( ;) /0 M-7
VValerie T. Poindexter, Chairperson Valerie T. Poindexter, Chairperson
Hawai`i County Council Hawai`i County Council
Hawai'I County is an Equal Opportunity Provider and Employer