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YY OI <br /> COUNTY OF HAWAII STATE OF HAWAII <br /> ~jI•Y~•M~+' <br /> 209 07 <br /> RESOLUTION NO. <br /> <br /> A RESOLUTION TRANSFERRING/APPROPRIATING AN APPROPRIATION OUT <br /> <br /> AND FROM THE DESIGNATED FUND ACCOUNT(S) AND CREDITING SAME TO A <br /> DESIGNATED FUND ACCOUNT(S) <br /> WHEREAS, Waikoloa Village is a large cul de sac with only one way in and out, creating <br /> congestion and emergency evacuation problems; and <br /> WHEREAS, proposed developments around Waikoloa Village will double the size of the <br /> community; and <br /> WHEREAS, a previous study developed alternative connector routes and rough cost <br /> estimates; and <br /> WHEREAS, a special tax consultant has used these rough cost estimates to prepare a <br /> Community Facilities District feasibility analysis which assesses preliminary scenarios for the <br /> relative tax burden on Waikoloa residents, landowners, and businesses; and <br /> WHEREAS, with the information provided by the special tax consultant, the County is now <br /> able to dialog with the community on whether to proceed with the establishment of a Community <br /> Facilities District; and <br /> WHEREAS, with the assistance of the special tax consultant, the County wishes to present <br /> the findings of the Community Facilities District feasibility study to the Waikoloa community and to <br /> refine the alternative tax scenarios to respond to issues raised during the community meetings; and <br /> WHEREAS, discretionary funds from Council District 9 will be appropriated to the Planning <br /> Deparment and the Planning Department has concurred that it will accept the transfer of these monies <br /> to procure the special tax consultant and administer the next phase of the contract; now, therefore, <br /> BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the <br /> following amount is hereby transferred/appropriated as set forth below: <br /> FUND: General <br /> AMOUNT OF <br /> APPROPRIATION: $33,000 <br /> OUT AND FROM: <br /> 010.101.5101.91 Clerk-Council SVC -Contingency Relief $33,000 <br /> <br />