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COUNTY OF HAWAII RESOLUTION NO, 335 10 STATE OF HAWAII A RESOLUTION PROPOSING AN ALTERNATIVE AMENDMENT IN PLACE OF CHARTER PROPOSAL CA -15, RELATING TO A PUBLIC ACCESS, OPEN SPACE, AND NATURAL RESOURCES PRESERVATION FUND. WHEREAS, Hawai`i Revised Statutes, section 50 -8, provides: " §50 -8 Submission of proposed charter to legislative body of the county. Within one year of its appointment, the charter commission shall submit a report in writing on its activities, findings, and recommendations to the legislative body of the county together with a draft of the proposed charter. The legislative body of the county may in turn propose one or more sections as alternative, or alternatives to any section of the proposed charter; provided that there shall not be more than a single proposition under any alternative proposal. Within thirty days after the receipt of the proposed charter from the commission, the legislative body shall return the proposed charter with the alternatives to the commission for its study." ; and WHEREAS, pursuant to Hawaii Revised Statutes, section 50 -8, and in response to the Charter Commission's Report to the Council dated April 13, 2010, the Council hereby proposes as an alternative amendment to Charter Proposal CA -15 that article X of the Hawaii County Charter 2000 (2008 Edition) be amended by adding a new section to be appropriately designated and to read as follows: "Section 10- . Public Access, Open Space, and Natural Resources Preservation Fund. jai In adopting each fiscal year's budget and capital program, the council shall deposit a minimum of two percent of the certified real property tax revenues, including penalties and interest to a fund known as the public access, open space and natural resources preservation fund. Deposits to the fund shall occur at least twice a year. The fund shall be in an interest bearing account. Funding shall consist of a minimum of two percent of actual property tax revenue received in the fiscal ear. Additional revenue ma consist of •rants and .rivate contributions intended for the purpose of this section, voluntary contributions of any amount as specified on the real property tax bill proceeds from the sale of general obligation bonds authorized and issued for the purpose of this section. council appropriations for the purpose of this section, and any other source of revenue. fc,) Moneys in this fund shall be used solely to: (1) Purchase or otherwise acquire lands or property entitlements in the County of Hawaii for public outdoor recreation and education, including: (A) Access to beaches and mountains; WJ Preservation of historic or culturally important land areas and sites;