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REPORT OF THE <br /> COMMITTEE ON FINANCE <br /> DATE: March 12, 2013 Re: Comm. No. 158/Res. No. 69-13 <br /> PLACE: Council Chambers <br /> Hilo, Hawai`i <br /> TIME: 2:05 p.m. <br /> Council Chair and Members <br /> Hawai`i County Council <br /> Hilo, Hawai`i 96720 <br /> Your Committee on Finance, to which was referred Resolution No. 69-13, reports as follows: <br /> Resolution No. 69-13, transmitted by Finance Director Nancy Crawford, via Communication No. 158 <br /> dated February 21, 2013, accepts the negotiated lease agreement for Hamakua lands identified as <br /> Tax Map Keys (3)4-3-009-024, 4-3-009-053, 4-3-009-054, 4-3-009-061, 4-3-011-001, 4-3-011-062 and <br /> 4-3-011-064 with Lau Ranch, pursuant to Section 2-114 of the Hawai`i County Code. <br /> Resolution No. 38-11 authorized the lease of certain County of Hawai`i owned lands, of which these <br /> parcels are included, and require that the negotiated lease agreement for those lands be accepted by the <br /> County Council pursuant to Section 2-114(d) of the Hawai`i County Code. <br /> Finance Property Manager Ken Van Bergen appeared before Your Committee for questions. This lease <br /> will encompass 313 acres out of the 718 acres of County owned land. <br /> Pursuant to Section 2-114(d), Hawai`i County Code, the Council may require in the initial resolution <br /> that the negotiated agreement be accepted by the Council. <br /> Your Committee on Finance is in accord with the purpose and intent of Resolution No. 69-13, and <br /> recommends its adoption. <br /> sc <br /> AYES NOES A&E EX Respectfully submitted, <br /> EOFF X <br /> FORD x COMMITTEE ON FINANCE <br /> ILAGAN X <br /> KANUHA X <br /> KERN X /� y� <br /> ONISHI X t <br /> POINDEXTER x VALERIE T. POINDEXTER, CHAIR <br /> WILLE X FC REPORT NO.: 47 <br /> YOSHIMOTO x ADOPTED: MAR 2 8 2013 <br />