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Honorable Dominic Yagong, Chair and <br />Members of the Hawaii County Council <br />February 24, 2011 <br />Page 2 <br />Reso. No. <br />Property Description <br />404-06 <br />Puapua`a, North Kona <br />451-06 <br />Kawa and Kawa`a Bay, Ka`u (4 parcels) <br />427-06 <br />Waipi`o Lookout Point, Hamakua <br />169-07 <br />Punalu`u Beach Park/Adjacent Lands, Ka`u <br />286-07 <br />Wai`ele, Puna <br />287-07 <br />Honolulu Landing, Puna <br />288-07 <br />Cape Kumukahi, Puna <br />616-08 <br />Pa`o`o, North Kohala <br />644-08 <br />Kaiholena, North Kohala <br />372-10 <br />Lucile P. Kingman Trust parcels, North Kona <br />As you are aware, the County has successfully completed four acquisitions from the <br />above list with funds from the Public Access, Open Space and Natural Resources Preservation <br />Fund (FUND). <br />• The first purchase was completed in October 2007 for approximately 1.8 acres, Tax <br />Map Key (TMK): (3) 4-8-04:06 at the gateway into Waipi`o Valley also referred to as <br />the "Rice Property" at a purchase price of $900,000.00. <br />The second purchase was completed in January 2008 and involved one of four parcels <br />(TMK: (3) 9-5-17:07) authorized by the County Council containing 234 acres at <br />Kawa, Ka`u, Hawaii for a purchase price of $1,920,000.00. The County was able to <br />supplement the sale with a $1,214,750.00 grant from the State of Hawaii, Department <br />of Land and Natural Resources (DLNR), Legacy Land Conservation Program (LLCP). <br />• The third purchase was finalized in January 2010 for four parcels (TMK's: (3) 5-8- <br />01:11, 19, 20 & 24) in Kaiholena, North Kohala totaling 151 acres for $6,541,680.00. <br />The fourth purchase, second acquisition for 2010, was completed in October for 10.61 <br />acres of coastal land in Pa`o`o, North Kohala. The purchase price was for <br />$1,890,000.00 and partially funded by a $945,000.00 grant from the State, DLNR <br />LLCP thanks to the efforts and assistance from The Trust for Public Lands. <br />The Department of Finance (DOF) is currently working with DLNR for acquisition of the <br />remaining 3 parcels of land (TMK's: (3) 9-5-16:06 & 25; 9-5-17:05) identified by Resolution <br />No. 451-06 at Kawa, Ka`u, Hawaii. Due to unforeseen delays, DLNR granted the County an <br />extension to June 30, 2011 to obtain the $1,500,000.00 grant monies from the State. In addition, <br />the County also has until June 30, 2011 for the $1,000,000.00 grant from the U.S. Fish and <br />Wildlife's Recovery Land Acquisition Grant. <br />County of Hawaii is an Equal Opportunity Provider and Employer <br />