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.'�Q'•'`v��Mme'', <br /> COUNTY OF HAWAII :•:� '; � •� STATE OF HAWAII <br /> RESOLUTION NO. 271 14 <br /> RESOLUTION AUTHORIZING THE ACCEPTANCE OF A MONETARY <br /> DONATION OF $2,000,000 TO THE COUNTY OF HAWAI`I'S PUBLIC <br /> ACCESS, OPEN SPACE AND NATURAL RESOURCES <br /> PRESERVATION FUND <br /> WHEREAS, the County of Hawaii, hereinafter "County", on August 1, 2012 in <br /> Resolution 276-12 authorized the Director of Finance to enter into negotiations for the <br /> purchase of the coastal land known as `O`oma II in the District of North Kona, County <br /> and State of Hawaii, Tax Map Key (3) 7-3-009:004; and <br /> WHEREAS, the Department of Finance is in the process of acquiring said land <br /> utilizing funds from the Public Access, Open Space and Natural Resources Preservation <br /> Fund; and <br /> WHEREAS, Kohanaiki Shores, LLC, a foreign limited liability company, on <br /> December 18, 2013, proposed to donate to the County of Hawaii Two Million Dollars to <br /> assist the Public Access, Open Space and Natural Resources Preservation Fund in the <br /> acquisition of`O`oma II, Tax Map Key (3) 7-3-009:004; and <br /> WHEREAS, Article XIII, Section 13-12, of the Hawaii County Charter provides <br /> that the Council, on behalf of the County, may accept gifts of donations of money, <br /> securities or other personal property or of real estate or any interest in real estate, and <br /> Chapter 2, Article 30, Section 2-162 (a) of the Hawaii County Code states that any gifts <br /> or donations of money, securities, or personal property which fall within the capitalization <br /> procedures of the Department of Finance, may be accepted by Resolution approved by <br /> the Council; and <br /> WHEREAS, the Hawaii County Department of Finance has requested that cash <br /> donations of any amount be recorded and accepted through the formal Resolution <br /> process; and <br /> WHEREAS, the Department of Finance recommends the acceptance of this <br /> donation; now, therefore, <br /> BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that in <br /> accordance with Article XIII, Section 13-12, of the Hawaii County Charter, and Chapter <br /> 2, Article 30, Section 2-162(a) of the Hawaii County Code, the Council of the County of <br /> Hawaii accepts this donation to the County of Hawai`i's Public Access, Open Space and <br /> Natural Resources Preservation Fund to assist in the acquisition of `O`oma II, Tax Map <br /> Key (3) 7-3-009:004. <br />