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. . -':";;-"';'" COUNTY OF HAWAI SJATE OF HAWAII RESOLUTION NO. . ~67r\98 . Draft ,2 , RESOLUTION PRESENTING A PLAN OF DISPOSITION FOR THE FORMER HAMAKUA SUGAR COMPANY, INC. LANDS NOW UNDER COUNTY OWNERSHIP. . WHEREAS, in 1994, the Council of the County of Hawaii agreed to accept approximately 4,400 acres ofland by Commissioner's Quitclaim Deed as a settlement for retroactive real property taxes among Western Farm Credit Bank, the County of Hawaii and Hamakua Sugar Company, Inc.; and WHEREAS, the settlement amount and the annual tax revenues lost as a result of the privat~ to public ownership conversion have shifted the tax burden to other lands during this period of public ownership; and WHEREAS, the Council of the County of Hawaii, pursuant to Resolution No. 196-97, requested the Mayor develop a disposition plan for the former Hainakua Sugar Company, Inc. lands now under County ownership; and . [WHEREAS, the Council of the County of Hawaii requested that the completed disposition plan be forwarded to the Council of the County of Hawaii by resolution no later than May 1, 1998, for its review and approval; and WHEREAS, the Administration proposes to dispose of the former HamakuaSugar Company, Inc. lands now under County ownership by a land exchange, on a value for value basis, for private property which are required for certain County projects; and WHEREAS, the acquisition oftheprivate lands will allow the County of Hawaii to address the need for the improvements and expansion of various County facilities around the island; and. WHEREAS, placing the former HamakuaSugar Company, Inc. lands now under County ownership . into private ownership will return said lands to the tax rolls and make said lands available for further agricultural development. NQW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII, through its authority under Section 2-11, Hawaii County Code, that it approves of and directs the Finance director or his authorized representative to proceed with the plan of disposition by land exchange, on a value for value basis, of so much as may be necessary of the former Hamakua Sugar Company, Inc. lands now under County ownership which are delineated on the list labeled Exhibit "A" for so much as may be necessary of those certain properties under private ownership which are delineated on the list labeled Exhibit "B" or for other lands as they may become available.] WHEREAS, on May 1, 1998, the Mayor forwarded to the Council Resolution No. 267-98, which approves a disposition plan that proposes land exchange with private landowners on a value-tor-value basis in order to expand or improve the Hoolulu Park Complex, Kahaluu Beach Park parking, Honolii Beach Park, AhalanuiPark and other lands as they may become available or may be necessary; and