NOTICE OF PUBLIC HEARING

NOTICE IS HEREBY GIVEN that the Department of Transportation, State of Hawaii, Airports Division (the “Department”) will hold a public hearing on Friday, August 3, 2018 at 9:00 a.m. in Conference Room B, Honolulu International Airport, 400 Rodgers Boulevard, Suite 700, Honolulu, Hawaii in connection with the issuance by the Department of one or more series of airports system revenue bonds.
The Department proposes to issue, in a plan of financing, one or more series of approximately $800,000,000 aggregate principal amount of State of Hawaii Airports System Revenue Bonds (the “Bonds”) pursuant to a supplemental certificate supplementing the Certificate of the Director Providing for the Issuance of State of Hawaii Airports System Revenue Bonds dated as of May 1, 1969, as previously supplemented (the “Certificate”), to fund the costs of capital improvement projects, and to refinance (by refunding certain outstanding bonds issued by the Department) the cost of other capital projects at certain facilities under the jurisdiction of the Department, including Daniel K. Inouye International Airport, Dillingham Airfield and Kalaeloa Airport, each on the Island of Oahu; Kahului Airport, Kapalua Airport and Hana Airport, each on the Island of Maui; Ellison Onizuka Kona International Airport, Waimea-Kohala Airport, Upolu Airport and Hilo International Airport, each on the Island of Hawaii; Lihue Airport and Port Allen Airport, each on the Island of Kauai; Lanai Airport on the Island of Lanai; and Molokai Airport and Kalaupapa Airport, each on the Island of Molokai (collectively, the “Airports”).
With respect to the Daniel K. Inouye International Airport, the capital improvement projects to be funded or refinanced include construction of a terminal concourse and other terminal and concession improvements, rest room improvements, gate improvements, ticket lobby renovation, runway and taxiway reconstruction and widening, baggage handling improvements, sidewalk and roadway improvements, roadway terminal signage improvements, roof replacements, replacement of pedestrian bridge crossings, installation of T-hangars, construction of new heavy equipment garage, relocation and reconstruction of cargo and maintenance facilities and commuter terminal; construction of parking structure, certain safety and security improvements (including a south ramp development plan) and miscellaneous other improvements to the airfield and landside. With respect to Kahului Airport, the capital improvement projects to be funded or refinanced include gate and holdroom and related restroom improvements, airport conference room and relocation of pass and identification office, inbound baggage handling system improvements, design and construction of aviation lease lots, installation of new sewage lift pump station, aircraft apron structural improvements, land acquisition for aviation use, runway and taxiway improvements, replacement of elevators and escalators, roof replacement, replacement of passenger loading bridges, upgrade of passenger information systems, access control systems and closed circuit TV systems and common use passenger processing system and miscellaneous improvements (e.g., electrical, improvements, commuter terminal improvements, enclosure of terminal space, construction to realign security fence). With respect to the Ellison Onizuka Kona International Airport, the capital improvement projects to be funded or refinanced include a terminal modernization program, rest room improvements, design work for a federal inspection services building, construction of fixed base operator and aircraft lease lots, construction of an aircraft rescue and firefighting training facility, construction of an U.S. Department of Agriculture inspection station, installation of emergency power improvements, replacement of perimeter fence and construction of a two story administration building, upgrade of access control and closed circuit TV systems, holdroom shelter and additional security lane. With respect to Hilo International Airport, the capital improvement projects to be funded or refinanced include runway pavement improvements, runway and taxiway lighting replacement, upgrade of existing noise monitoring system, terminal restroom improvements, arcade air conditioning improvements, aircraft apron reconstruction, new roof and facility painting, airfield drainage improvements, access control and closed circuity TV system improvements, construction of new washrack facility for vehicles, ramp demolition and grading future lease lots, relocate existing water line to provide service to the lots and install fence with gates, noise attenuation treatment of adjacent residential dwellings, and other miscellaneous improvements to the airfield and landside. With respect to Lihue Airport, the capital improvement projects to be funded or refinanced include runway and taxiway rehabilitation, holdroom and ticket lobby improvements, landfill restoration, construction of new employee parking lot, air conditioning system improvements, access control and closed circuit TV systems, heliport improvements, airport baggage claim improvements, and other miscellaneous improvements. With respect to other system airports, the capital improvement projects to be funded or refinanced include: at the Port Allen Airport, security fence improvements; at the Lanai Airport, repaving the airport access road and the main parking lot and restroom improvements; at the Molokai Airport, reconstruction of runway and taxiway, including drainage, restriping and repair and replacement of lighting and signage, air rescue and firefighting station improvements and culvert improvements; at the Kapalua Airport, water tank improvements; at the Kalaeloa Airport, upgrade of various utility systems various airport improvements. With respect to system-wide Airports improvements, the capital improvement projects to be funded or refinanced include program management for capital projects at all the Airports, consultant support to Airport engineering staff, engineering design services for capital improvement projects, system-wide fiber optic installation, All of the facilities to be financed or refinanced by the Bonds are or will be owned by the Department.
The Bonds are payable solely from and secured by the revenues received by the Department from the operation of airports and related facilities and from aviation fuel taxes. The Bonds shall not constitute or give rise to a general obligation or other indebtedness of the State of Hawaii within the meaning of any constitutional or statutory debt limitation. The full faith and credit of neither the State of Hawaii nor any political subdivision thereof will be pledged to the payment of or as security for the Bonds.
The public hearing is required by Section 147(f) of the Code. Subsequent to the public hearing the Governor of the State of Hawaii will consider approval of the plan of finance for the issuance of the Bonds and the capital improvement projects to be financed and refinanced by the Bonds.
All interested parties are invited to attend the hearing and to express their views relative to the proposed financing, either orally or in writing. Written comments should be made available to the Department at or before the public hearing and may be submitted to Kurt Yamasaki, Fiscal Management Officer, Department of Transportation – Airports Division, Daniel K. Inouye International Airport, 400 Rodgers Boulevard, Suite 700, Honolulu, Hawaii 96819.
Further information may be obtained by calling the Department at (808) 838-8646 on regular business days (Monday-Friday) between 7:45 a.m. and 4:30 p.m.
To request language translation, an auxiliary aid or other special services (e.g., materials in an alternative format, large print, taped materials, sign language interpreter, etc.), please call the Department at (808) 838-8646 (voice only) not later than seven (7) days prior to the meeting date. TTY users may use a Telecommunications Relay Service to contact our office.
NOTICE DATED: July 20, 2018
Director of Transportation, State of Hawaii
(SA1115986 7/20/18)