COM 0038.000 2006-2008 - Laserfiche WebLink

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~fY os N, Harry Kim William Takaba Mayor Orreclar Nancy E. Crawford j,., Deputy Drrecmr ~•i o~~Niir County of Hawaii Finance Department 25 Aupuni Stree[, Room 118 Hilo, Hawaii 96720 (808) 961-8234 Fax (808) 961-8248 December 13, 2006 , Pete Hoffmann, Chairman and ~7 0 Members of the Hawaii County Council On Hawaii County Council ~ ~ r- 25 Aupuni Street " Hilo, Hawaii 96720 Y~ Re: Capital Budget ~ ` 'v Enclosed is a bill for an ordinance amending the Capital Budget by appropridtirig additional $900,000 to the Land Acquisition for Public Works Facilities project. In 1978, the County of Hawaii had obtained a license from the Richardson Trust, the owners of the property at that time, for a fee of $500/year or 10% of their property taxes to create a temporary ponding site (across the Hilo Police Station) for runoff generated by the State Mohouli Housing Project. The Department of Public Works intended to divert these flows to Alenaio Stream via a new underground drainage system as part of the Kukuau Street improvement project. However, this project was abandoned during the mid-80s. The current property owners have not been able to utilize their property due to the pond created by the County/State of Hawaii and would like to be properly compensated for their loss. An economic analysis indicates that it would be more cost effective to properly acquire the properties to maintain the ponding area rather than to install a new drainage system. Additional funds are needed to acquire the properties as requested by the land owners. If there are any questions, please do not hesitate to call the Department of Public Works. William Taka a Director of Finance APPROVED: C~' Harry Kim ~j W Mayor Comm. No.~~f~'"'....~ Ref. 7a ^____~-~v Enc. Ref. Date ~ ~ cc: Public Works Hawaii County is an Equal Opportunity Provider and Employer { 13i!!.R 1