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Form #: B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Finance DATE: 5/13/16 <br /> STAFF CONTACT: Hamana Ventura PHONE: 808-323-4321 <br /> A. REQUEST: <br /> Prepare County Council submittal authorizing the Director of Finance to enter into a 10 year lease with one <br /> (1) 10 year option to lease approximately 441 acres, plus or minus, delineated in red as Exhibit "A" at <br /> Kapulena Agricultural Park, further identified by the following Tax Map Key Numbers: a portion of (3) 4-7- <br /> 006:001 and (3) 4-7-006:018. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> Hamakua County Farm Bureau (hereinafter "HCFB"), a non-profit subordinate organization of Hawaii Farm <br /> Bureau Federation desires to lease the aforementioned properties for the purposes of pasture development, <br /> livestock grazing, silviculture and other related activities. HCFB plans to develop a grazing entity whose <br /> ranching members will jointly provide cattle to graze pastures developed at Kapulena Agricultural Park and <br /> to demonstrate a joint ownership grazing strategy that can benefit multiple cattle producers, transform former <br /> cane lands into improved pastures and increase the production of locally raised grass finished beef. <br /> SIGNED: jam- Pe--- DATE: 511 3(1l <br /> Department Head <br />