RES26-225 Wastewater senior revenue bonds, Series 2026
At a glance
- What: Resolution 26-225 authorizes up to $205 million in senior wastewater system revenue bonds, Series 2026, refunding outstanding 2016 series bonds.
- Where it stands: Reported out of the Budget Committee for adoption on Oct 20, 2026 (committee report 283(26)), 4-0: aye Kiaʻāina, Nishimoto, Okimoto, Tulba; Cordero and Waters absent. The official written summary logs the item from 9:11 to 9:13 a.m. with no testimony (related communication D-609(26)). Next step is the full Council.
- Key points: Whether the city proceeds depends on market conditions; the department called the refunding borderline now, with possible savings if rates fall and more flexibility in future debt service. No savings estimate was given. Companion measure: RES26-222 Wastewater junior revenue bonds, Series 2026.
Sources
- Committee on Budget written summary, October 20, 2026 (not formal minutes): https://hnldoc.ehawaii.gov/hnldoc/document-download?id=29424
- 2026-10-20 - Budget
Discussion time
About 3 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-20 - Budget | 3 |
Log
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2026-10-20 - 2026-10-20 - Budget (official written summary): vote recorded 4-0 as above.
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2026-10-20 - 2026-10-20 - Budget: Brick answered questions from Vice Chair Nishimoto on interest rates. Reported out for adoption.