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WHEREAS, creation of the Banyan Drive Hawai`i Redevelopment Agency ("BDHRA") <br /> would present an opportunity for the County to effectuate a revitalization and redevelopment of <br /> the area where hotel, resort, commercial and public uses may coexist compatibly; and <br /> WHEREAS, the BDHRA shall include the redevelopment areas as designated by the <br /> County of Hawai`i Windward Planning Commission including those Federal, State and private <br /> properties highlighted on Exhibit "A", attached hereto and incorporated by reference herein; and <br /> WHEREAS, in the initial stages, the Planning Department, as the lead agency in <br /> enabling the County to directly exercise its powers as provided for in parts I and II of Chapter <br /> 53, Hawai`i Revised Statutes, under Section 2-35.1 of the HCC, shall be designated as the lead <br /> agency for transitional purposes until the BDHRA is organized and able to perform the duties as <br /> required under the statute; now, therefore, <br /> BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that <br /> pursuant to Chapter 53, Hawai`i Revised Statutes, as amended, the County Council of the <br /> County of Hawai`i hereby establishes the Banyan Drive Hawai`i Redevelopment Agency, which <br /> shall exercise its powers as provided for in parts I and II of Chapter 53, Hawai`i Revised <br /> Statutes, as amended; and it does hereby authorize the Mayor to appoint, with the approval of the <br /> Council, five members to said Agency who shall reside in the County for at least three years <br /> immediately preceding their appointments, one to serve for a term of one (1) year, one for a term <br /> of two (2) years, one for a term of three (3) years, one for a term of four(4) years, and one for a <br /> term of five (5) years, and thereafter, their successors to serve for terms of five years, and no <br /> more than three of whom shall belong to the same political party. <br /> 2 <br />