We need you to Testify: Do we need to BORROW NOW? Wake up Hawaii

Dear County Council,
Please accept this letter has request to rethink this bond obligation. The property taxes are way down, the foreclosure rate is still on the rise in Hawaii.
To add this kind of debit during this time is just plane irresponsible. There is no plan on how the County is going to pay the addtional interest or the bond it's self.
We have lost 2 cruise ships, Aloha Air lines, and thousands of jobs. We have hundreds of properties sitting vacant with half the value of what they were purchased at.
How do you plan to pay for this? If you can answer this then it would be feasible other wises it is like robbing a bank and not thinking about the jail time ahead.
Common sence is a must in this changing age we live in. If you have a dollar in your pocket you don't spend ten and then figure it out later. Let the new Council decide. Those voteing for this are on the way out anyway.
Respectfully,
Susan McGeachy
Kailua Kona since 1988
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Public testimony can also be at the Kona and Waimea county council
offices by videoconferencing.

If you have questions, please call the Kona county council office
at 326-5684.

Also, you can read more about the issues involved at http://www.westhawaiitoday.com/articles/2010/11/24/local/local02.txt

A Special Council Meeting will be held on Tuesday November 30^th
at 9AM at the Hilo Council Chambers, Aupuni Street.

Please see below for details on how to submit testimony.

Click here to go to
the County of Hawaii’s on-line library for the full
agenda (Council Records -> Agendas).

THE RECONSIDERATION OF BILL 311 RELATING TO THE ISSUANCE OF GENERAL OBLIGATION BONDS      

Comm. 972.5: REQUESTS THE RECONSIDERATION OF BILL 311 RELATING TO THE
ISSUANCE OF GENERAL OBLIGATION BONDS:  

From Council Member Donald Ikeda, dated November 17, 2010, requesting the

reconsideration of Bill 311.  Bill 311 was approved by the Council at its meeting of

November 17, 2010, which passed second and final reading by the following vote:

7-ayes and 1-no (1-absent)

Comm. 972.9: From Council Member Donald Ikeda, dated November 18, 2010, requesting that a

Special Meeting by the Council be held before the end of this Council term

Comm. 972.10: From Council Member Dominic Yagong, dated November 18, 2010, requesting the

reconsideration of the vote on Bill 311.  Requests that this measure be placed on the

December 15, 2010 Council agenda

Bill 311:  Authorizes the Issuance of General Obligation Bonds of the County of Hawai‘i for

the Purpose of Funding All or a Portion of the Costs of Various Public Improvement

Projects; Fixing the Form, Denominations, and Certain Other Details of Such Bonds

and Providing for Their Sale to the Public; and Authorizing the Taking of Other

Actions Relating to the Issuance and Sale of the Bonds.  {Principal amount not to

exceed $56,000,000.  The projects include:  Kawaihae Housing Closure

($1,000,000), Kaloko Housing Project ($4,000,000), Pool Drainage Covers

($500,000), Hawai‘i Paradise Park-New Park Development ($5,500,000),

Kikala-Keokea New Park Development ($100,000), North Kohala Recreational

Facilities Repair and Upgrade ($2,000,000), Banyan Beach Parking Lot ($300,000),

Kapiolani Street Extension ($8,700,000), Puna Makai Alternate Roadway

($500,000), La‘aloa Extension ($20,000,000), Energy Efficiency and Related

Maintenance Upgrades ($4,000,000), Wai‘ōhinu Transfer Station ($8,800,000), and

Waimea Recycle and Transfer Station Garage ($100,000), for a total of

$55,000,000.  (The correct total amount should be “$55,500,000”.  An additional

$500,000 is included for bond issuance costs.)}

   Re:  Comm. 972

   Intr. by:  Mr. Onishi

   1st Reading: November 4, 2010

   2nd Reading: November 17, 2010



(Note:  Pursuant to Hawai‘i Revised Statutes, Section 92, notice is hereby given that

if the motion to reconsider Bill 311 is approved, a re-vote will be taken on Bill 311 at

this meeting.  If reconsideration of Bill 311 is approved, there will be a pending

motion on the floor by Mr. Onishi and duly seconded by Ms. Naeole to approve

Bill 311.) 

SUBMITTING
TESTIMONY:

• In person: You may testify in person at the Hilo
       Council Chambers, or by videoconference from the Waimea or Kona Council
       offices.
• Written testimony: Testimony may be submitted before
       noon on the business day prior to the meeting: 
•  
• (1) by mail to the County
        Clerk’s Office in Hilo at 25 Aupuni Street, Hilo, Hawai‘i, 96720
 
• (2) by fax to (808) 961-8912
 
• By email to counciltestimony@co.hawaii.hi.us.