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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> <br /> DATE: July 5, 2001 Re: Comm. No. 259/Res. No. 99-01 <br /> <br /> PLACE: Council Chambers <br /> TIME: 10:20 A.M. <br /> Council Chair and Members <br /> Hawaii County Council <br /> Hilo, Hawaii 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 99-01, reports as follows: <br /> Resolution No. 99-01, transmitted by Director of Finance William T. Takaba, via <br /> Communication No.259, dated June 22, 2001, authorizes the Director of Finance to dispose of <br /> real property situate at Kauhako, South Kona, Island, County and State of Hawaii Tax Map Key <br /> (3)8-6-009:011 to the Department of Water Supply, County of Hawaii. <br /> <br /> The County of Hawaii owns the aforementioned vacant real property and the Department of <br /> Water Supply would like to use this property for the proposed Hookena standpipe site. <br /> Pursuant to Section 2-120, Hawaii County Code, the Council may, by resolution approved by a <br /> majority of its members, to dispose of real property to governmental agencies and direct the <br /> Finance Director to negotiate the disposition of real property by selling it fee simple at such price <br /> and on such terms and conditions deemed proper to governments and governmental agencies <br /> authorized to hold lands in fee simple. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 99-01 <br /> and recommends its adoption. <br /> smc <br /> nvFS !voES A&E Ex Respectfully submitted <br /> CHUNG X <br /> PISICCHIO x COMMITTEE ON FINANCE <br /> ARAKAKI X <br /> ELARIONOFF X 1 <br /> JACOBSON X <br /> LEITHEAD-TODD X <br /> SAFARIK x AARON S.Y. CHUNG, CHAIR <br /> FC REPORT NO. 87 <br /> TYLER X <br /> Y'AGONG X ADOPTED: ~UL 3 ~ <br /> ~T <br /> <br />