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<br />
<br />COUNTY OF HAWAII" 'SJATEOFHAWAII
<br />
<br />RESOLUTION NO. 3 39i:, 98
<br />(Draft 3)
<br />
<br />RESOLUTION REQUESTING THE MAYOR TO SUBMIT A REVISED PLAN OF .
<br />. " '. ".: .'. . -': ~. . .
<br />DISPOSITION FOR THE FORMER HAMAKUA SUGAR COMPANY, INC. LANDS NOW
<br />UNDER COUNTY OWNERSHIP.
<br />
<br />WHEREAS, in 1994, the Council of the County of Hawaii agreed .to accept
<br />approximately 4,400 acres of land by Commissioner's Quitclaim Deed asa settlement for
<br />retroactive real property taxes among'Westel11.Fatm Credit Bank, the County of Hawaii and
<br />Hamakua Sugar Company, Inc.; and
<br />
<br />WHEREAS, the settlement amount and the annual tax revenues lost as a result of the
<br />private to public ownership conversion have shifted the tax burden to other lands during this
<br />period of public ownership; and
<br />
<br />WHEREAS, the Council of the County of Hawaii, pursuant to Resolution No. 196-97,
<br />requested the Mayor develop a disposition plan for the former Hamakua Sugar Company, Inc.
<br />lands now under County ownership; and
<br />
<br />WHEREAS, on May I, 1998, the Mayor forwarded to the Council Resolution
<br />No. 267-98, which approves a disposition plan that proposes land exchange with private
<br />landowners on a value-for-value .basis in order to expand or improve the Hoolulu Park Complex,
<br />Kahaluu Beach Park parking, Honolii Beach Park, Ahalanui Park and other lands as they may
<br />become available or may be necessary; and
<br />
<br />. WHEREAS, on August 17, 1998, Council Member Dominic Yagong forwarded to the
<br />Council Resolution No. 309-98, which authorizes the leasing of County lands for diversified
<br />agricultural, eco-tourism and pastoral uses by negotiations; and
<br />
<br />WHEREAS, on August 27 and 28, 1998, the Council's Finance Committee held public
<br />hearings on Resolution Nos. 267-98 and 309-98 in Captain Cook, Kona and Honokaa,
<br />respectively; and
<br />
<br />WHEREAS,. written and oral public testimony received by the Finance Committee
<br />supported an array of disposition methods, including sale of the County parcels, lease of County
<br />lands for a variety of purposes, exchange of County parcels for purposes proposed in Resolution
<br />No. 267-98, and sub-lease to the State of Hawaii for agricultural purposes; and
<br />
<br />WHEREAS, the County Council finds . that the 4,400+ acres of land identified in
<br />Exhibit A should be invested in ways that would most benefit the overall public good utilizing a
<br />combination of disposition methods; and
<br />
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