HomeMy WebLinkAboutORD 2019-054 2018-2020 y
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COUNTY OF HAWAII '••:•b STATE OF HAWAII
BILL NO. 53
ORDINANCE NO. 19 54
AN ORDINANCE AMENDING ORDINANCE NO. 16-29, WHICH AUTHORIZED THE
MAYOR TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT FOR A STATE
WATER POLLUTION CONTROL REVOLVING FUND LOAN FOR SOLID WASTE
PUBLIC IMPROVEMENT PROJECTS; AND AUTHORIZING THE ISSUANCE OF
GENERAL OBLIGATION BONDS OF THE COUNTY OF HAWAII FOR THE PURPOSE
OF FINANCING QUALIFIED SOLID WASTE PUBLIC IMPROVEMENTS OF THE
COUNTY OF HAWAII.
BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII:
SECTION 1. The title of Ordinance No. 16-29 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
PUBLIC IMPROVEMENT PROJECTS; AND AUTHORIZING THE ISSUANCE OF
[$670007000] $10,000,000 GENERAL OBLIGATION BONDS OF THE COUNTY OF
HAWAII FOR THE PURPOSE OF FINANCING QUALIFIED SOLID WASTE
PUBLIC IMPROVEMENTS OF THE COUNTY OF HAWAII"
SECTION 2. Section 1 of Ordinance No. 16-29 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 project listed in "FA-bit-Ay 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 P670007000] $10,000,000, 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 Material to be repealed is bracketed and stricken.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 16-29 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:
Irfri
COUNCIL MEMBER, COUNTY OF HAWAII
Kona , H awa i`i
Date of Introduction: April 10, 2019
Date of 1st Reading: April 10, 2019
Date of 2nd Reading: April 24, 2019
Effective Date: May 7, 2019
204
REFERENCE Comm.
[EXHIBIT A] EXHIBIT A, DRAFT 2
SOLID WASTE PUBLIC IMPROVEMENT PROJECTS (SRF FUNDED)
Project Amount
Department of Environmental Management:
Kealakehe Scrap Metal Yard Remediation [$6,000,000] $10,000,000
C
t" t e C
OFFICE OF THE COUNTY CLERK t' C 1? ' { ,-J 0:: F ' :Ai;
County of Hawai`i
Kona, Hawai`i 7!1 19 1'14Key I ,
Introduced By: Mai le Mede i ro s David (B/R) ROLL CALL VOTE
Date Introduced: Apri 1 10, 2019 AYES NOES ABS EX
First Reading: April 10, 2019 Chung X
Published: April 20, 2 019 David X
Eoff X
REMARKS Kaneali`i-Kleinfelder X
Kierkiewicz X
Lee Loy X
Poindexter X
Richards X
Villegas X
Second Reading: April 24, 2 019 8 0 1 0
To Mayor: May 2, 2019
Returned: May 8, 2019 ROLL CALL VOTE
Effective: May 7, 2019 AYES NOES ABS EX
Published: May 25, 2019
Chung X
REMARKSDavid 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.
AIRP. RSON
Approve Disapproved this day 41111111111 .�► 41114,
of $ , 20 19 . COUNTY CLERK
/ .._(„1„:, 53
Bill No.:
MA 11R, COU Y HAWAII C-204/Waived-FC
Reference:
19 54
Ord No.: