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A written affidavit by a recognized professional in the field of natural <br /> resources, or <br /> ii A finding by a County State or Federal agency or department with <br /> the relevant expertise in the field of natural resources <br /> If the director's findings are favorable the petition shall be approved and <br /> the land shall be declared dedicated Approval of the petition to dedicate shall <br /> constitute a forfeiture on the part of the owner of any right to change the use of <br /> the land to a use other than preservation for a minimum period of twenty years <br /> In order to place prospective buyers on notice of the rollback tax liability the <br /> owner shall within sixty days of notice of approval record the dedication in <br /> accordance with the procedures of the bureau of conveyances <br /> <br /> ~ Native forest dedication value. <br /> Dedicated native forest land shall be assessed at a preferential per-acre value in <br /> its restricted preservation use. In determining the value of lands which are classified <br /> native forest the director shall assign the value of the lowest agricultural use category <br /> that the land could qualify for if it were to be put into agricultural use No preferential <br /> value shall be granted to native forest land unless it is dedicated <br /> Breach of dedication. <br /> The dedication shall be deemed breached and the tax assessment privilege <br /> cancelled retroactive to the date of the dedication. or the latest renewal period and all <br /> differences in the amount of taxes that were paid and those that would have been due <br /> from assessment in the higher use shall be payable with a ten percent penalty and the <br /> native forest classification shall be rescinded upon any of the following <br /> f~ Failure of the owner to observe the restrictions on the use of the land or <br /> The cover of native forest species falls below sixty percent or <br /> The property is rezoned to a higher use at the owner's request; or <br /> The property is subdivided into parcels of less than three acres or <br /> j~ A condominium property regime is declared for the property having condominium <br /> units with an area equivalent to less than three acres. Each unit shall be treated <br /> as a subdivision into lots of like size; or <br /> The dedicated property or any portion thereof is sold by way of a conveyance <br /> which is subject to conveyance tax under the terms of chapter 247 Hawaii <br /> Revised Statutes. unless the director of finance submits a notarized affidavit <br /> signed by the owner to the bureau of conveyances stating that the land shall <br /> A <br /> <br />