$77M in bonds will cover old debts, finance new projects

  • Vehicles navigate Ane Keohokalole Highway's terminus at Hina Lani Street Monday afternoon in Kailua-Kona. The county has sold $77.1 million in general obligation bonds to retire old debt and free up money to pay for new capital projects, such as the Ane Keohokalole Highway Phase III project to extend the highway between Hina Lani Street and Kaiminani Drive. (Chelsea Jensen/West Hawaii Today)

  • Vehicles navigate Ane Keohokalole Highway's terminus at Hina Lani Street Monday afternoon in Kailua-Kona. The county has sold $77.1 million in general obligation bonds to retire old debt and free up money to pay for new capital projects, such as the Ane Keohokalole Highway Phase III project to extend the highway between Hina Lani Street and Kaiminani Drive. (Chelsea Jensen/West Hawaii Today)

  • Vehicles line up to turn off Ane Keohokalole Highway at its terminus at Hina Lani Street Monday afternoon in Kailua-Kona. The county has sold $77.1 million in general obligation bonds to retire old debt and free up money to pay for new capital projects, such as the Ane Keohokalole Highway Phase III project to extend the highway between Hina Lani Street and Kaiminani Drive. (Chelsea Jensen/West Hawaii Today)

  • Vehicles wait their turn to turn at Ane Keohokalole Highway's terminus at Hina Lani Street Monday afternoon in Kailua-Kona. The county has sold $77.1 million in general obligation bonds to retire old debt and free up money to pay for new capital projects, such as the Ane Keohokalole Highway Phase III project to extend the highway between Hina Lani Street and Kaiminani Drive. (Chelsea Jensen/West Hawaii Today)

The county has sold $77.1 million in general obligation bonds to retire old debt and free up money to pay for new capital projects, Finance Director Deanna Sako said in a report to the County Council.