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Form #: B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Finance DATE: 3/15/12 <br /> STAFF CONTACT: Ken Van Bergen PHONE: 961-8009 <br /> A. REQUEST: <br /> Prepare a resolution to accept the donation of real property from the Bank of Hawaii. This property consists <br /> of an approximately 5,851 sq. ft. parcel, and a 14,125 sq. ft. parcel, which includes the Bank of Hawaii, <br /> Kohala Branch building located at 54-3888 Akoni Pule Highway, Kapa'au, in the District of North Kohala and <br /> identified respectively by Tax Map Keys: (3)5-4-005-002 and(3)5-4-005-003. The entry and parking lot are <br /> ADA (American with Disabilities Act) compliant. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> The Bank of Hawaii Corporation has agreed to convey this real property to the County of Hawaii in fee <br /> simple with a reservation that the existing Automated Teller Machine and Night Depository remain in place <br /> and accessible to use by its customers, both of which are a benefit to the general public and local business <br /> of the Kapa'au area. <br /> The Department of Parks and Recreation and the Office of Aging will utilize this property for community <br /> based programs. <br /> We are requesting the Resolution be waived from the Finance Committee and be placed on the April 4, 2012 <br /> Council Agenda in order to meet the Bank of Hawaii's requirement that the transaction be complete by April <br /> 15, 2012. <br /> SIGNED: ►/ i DATE: 3//y�/ .Z <br /> Department i-ad <br />