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COUNTY OF HAWAII <br />STATE OF HAWAII <br />BILL NO. 128 <br />(DRAFT 3) <br />ORDINANCE NO. <br />AN ORDINANCE TO INITIATE A CHARTER AMENDMENT TO ARTICLE X, <br />FINANCIAL PROCEDURES, OF THE HAWAII COUNTY CHARTER (2010 <br />EDITION), BY ADDING A NEW SECTION FOR A PUBLIC ACCESS, OPEN SPACE, <br />AND NATURAL RESOURCES PRESERVATION MAINTENANCE FUND. <br />BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br />SECTION 1. Article X, Financial Procedures, of the Hawai`i County Charter (2010 <br />Edition), is amended by adding a new section, Public Access, Open Space, and Natural <br />Resources Preservation Maintenance Fund to reads as follows: <br />"Section 10- . Public Access, Open Space, and Natural Resources Preservation <br />Maintenance Fund. <br />The purpose of the public access, open space, and natural resources preservation <br />maintenance fund is to accrue and use moneys for maintenance of lands and easements <br />acquired by the public access, open space, and natural resources preservation fund. The <br />maintenance fund will ensure that money is dedicated to preserve the land, promote <br />public safety, and maintain a healthy stewardship. <br />Definitions. For the purpose of this section, the following definitions apply: <br />"Maintenance" means to preserve and conserve lands and easements acquired by <br />the public access, open space, and natural resources preservation fund and keep them in <br />good repair for public safety. <br />"Maintenance fund" means a separate fund that holds moneys directed from: 1) <br />the general fund and property tax revenues; or 2) designated grants, private contributions, <br />proceeds from the sale of general obligation bonds, council appropriations, and any other <br />source of revenue. <br />fc,) There is established a public access, open space, and natural resources preservation <br />maintenance fund (hereinafter "maintenance fund "). The maintenance fund shall be <br />administered and managed by the department of parks and recreation. The financial <br />aspects of the maintenance fund shall be handled by the department of finance. <br />Deposits due to the maintenance fund. <br />(1) In adopting each fiscal year's operating budget, the council shall appropriate one - <br />quarter of one per cent of all real property tax revenue (including interest and <br />penalties) to the maintenance fund. Deposits to the maintenance fund shall occur <br />on a quarterly basis at a minimum. <br />