HomeMy WebLinkAboutORD 2019-046 2018-2020 Oi N,'
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COUNTY OF HAWAII ;.-' STATE OF HAWAII
BILL NO. 43
ORDINANCE NO. 19 46
AN ORDINANCE AMENDING ORDINANCE NO. 17-48, WHICH AUTHORIZED THE
MAYOR TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR A STATE
WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR SOLID WASTE
IMPROVEMENT PROJECTS AND AUTHORIZED THE ISSUANCE OF GENERAL
OBLIGATION BONDS FOR THE PURPOSE OF FINANCING THE SOUTH HILO
SANITARY LANDFILL FINAL CLOSURE PROJECT.
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII:
SECTION 1. The title of Ordinance No. 17-48 is hereby amended to read as follows:
"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
IMPROVEMENT PROJECTS; AND AUTHORIZING THE ISSUANCE OF
[$20,000,000] $24,000,000 GENERAL OBLIGATION BONDS OF THE COUNTY
OF HAWAII FOR THE PURPOSE OF FINANCING THE SOUTH HILO SANITARY
LANDFILL FINAL CLOSURE PROJECT"
SECTION 2. Section 1 of Ordinance No. 17-48 is hereby amended to read as follows:
"SECTION 1. Request for Loan. The County of Hawaii, pursuant to Section
342D-54, Hawaii Revised Statutes, will be submitting an application for a State
Water Pollution Control Revolving Fund Loan (SRF Loan) to the Director of the
Department of Health, State of Hawaii, to finance the construction of the Solid
Waste improvement projects listed in "[ ibi A] Exhibit A, Draft 2".
"Under the terms and conditions anticipated with regard to such SRF loan,
the County shall repay, over a term of twenty years, the principal amount, which
shall not exceed [$20,000,000] $24,000,000, at a fixed rate of interest which shall
not exceed the Bond Buyer's 20-year general obligation bond issue."
SECTION 3. Material to be repealed is bracketed and stricken. New material is
underscored.
SECTION 4. The only changes to Ordinance 17-48 are reflected solely in the monetary
amount indicated in the Ordinance Title, Section 1, and in Exhibit A, which has been replaced
with a new exhibit labeled as Exhibit A, Draft 2.
SECTION 5. Severability. If any provision of this ordinance, or the application thereof
to any person or circumstance, is held invalid, such invalidity shall not affect other provisions
or applications of the ordinance which can be given effect without the invalid provision or
application, and to this end, the provisions of this ordinance are declared to be severable.
SECTION 6. Effective Date. This ordinance shall take effect upon its approval.
INTRODUCED BY:
„to-of:AMP (5.7
COUNCI EMBE', •UNTY OF HAW' 1`1
Hilo , Hawai`i
Date of Introduction: March 28, 2019
Date of 1st Reading: March 28, 2019
Date of 2nd Reading: April 10, 2019
Effective Date: April 25, 2019
REFERENCE Comm. 170
[EXHIBIT A] EXHIBIT A, DRAFT 2
SOLID WASTE IMPROVEMENT PROJECT (SRF FUNDED)
Project Amount
Department of Environmental Management:
South Hilo Sanitary Landfill Final Closure [$20,000,000] $24,000,000
COUNTY CL.FIC
OFFICE OF THE COUNTY CLERK COUNTY OF HAViAl
County of Hawaii
Hilo, Hawai`i 7:5!9 i',P126 PM 3: 02
Introduced By: Ma i l e Me de i ro s David (B/R) ROLL CALL VOTE
Date Introduced: March 28, 2019 AYES NOES ABS EX
First Reading: March 28, 2019 Chung X
Published: April 6, 2019 David X
Eoff X
REMARKS: Kaneali`i-Kleinfelder X
Kierkiewicz X
Lee Loy X
Poindexter X
Richards X
Villegas X
Second Reading: April 10, 2019 8 0 1 0
To Mayor: April 18, 2019
Returned: April 26, 2019 ROLL CALL VOTE
Effective: April 25, 2019
AYES NOES ABS EX
Published: May 11, 2019
Chung X
REMARKS: David X
Eoff X
Kaneali`i-Kleinfelder X
Kierkiewicz X
Lee Loy X
Poindexter X
Richards X
Villegas X
8 0 1 0
I DO HEREBY CERTIFY that the foregoing BILL was adopted by the County Council published as
indicated above.
COUNCIL CHAIRP ON
411
'rove, Disapproved this
PP day
ICI
of APri , 20 C5111. * S'TRK
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'r Bill No.: 43
MAYOR; COUNT FHAWAII C-170/Waived-FC
Reference:
Ord No.: 19 46