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WHEREAS, this property has been used informally for over 50 years as a park, hosting <br /> softball games and numerous community events, including the well-attended Kohala Fair (2,500 <br /> - 4,000 attendees), the very successful Hawi Farmer's Market, concerts, and popular classes such <br /> as hula, tai chi, etc.; and <br /> WHEREAS, preserving this property will maintain the ocean view from the Hawi <br /> Farmer's Market and protect the landscape of the neighboring banyan trees that meet the <br /> County's criteria for exceptional trees (a tree or grove of trees with historic or cultural value, or <br /> which by reason of its age, rarity, location, size, aesthetic quality, or endemic status has been <br /> designated by the Council as worthy of preservation); and <br /> WHEREAS, local community groups and merchants are committed to assisting with <br /> managing the area through a Friends of the Park agreement with the County; and <br /> WHEREAS, preserving this property ensures recreational opportunities for both <br /> residents of Hawai`i and tourists; and <br /> WHEREAS, the property to be acquired is 0.91 acres and covered by Tax Map Key <br /> (3) 5-5-015:042, as shown in the attached "Exhibit A"; now, therefore, <br /> BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the <br /> Director of Finance is hereby authorized to enter into negotiations for the acquisition of the <br /> Banyan Trees Park Area property in North Kohala, Tax Map Key (3) 5-5-015:042, pursuant to <br /> the terms of this resolution. <br /> BE IT FURTHER RESOLVED that the Director of Finance is authorized to initiate any <br /> funding mechanisms required for the acquisition of the Banyan Trees Park Area property in <br /> accordance with Chapter 2, Article 42 of the Hawai`i County Code, relating to the Public Access, <br /> Open Space, and Natural Resources Preservation Fund. <br /> BE IT FURTHER RESOLVED that the Hawai`i County Council welcomes individuals <br /> who are willing to share their expertise and engage with others in an open process to form a new <br /> nonprofit or to create a Friends of the Park agreement solely dedicated to the management of the <br /> Banyan Trees Park Area property. <br /> 2 <br />