RES 216 Draft 01 2018-2020 - Laserfiche WebLink

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EXHIBIT "A" ALTERNATIVE AMENDMENT TO CHARTER AMENDMENT NO. CA-18, DRAFT 2 BE IT ENACTED BY THE PEOPLE OF THE COUNTY OF HAWAII: Section 1. Article X, Section 10-16, of the Hawaii County Charter (2018 Edition), is amended to read as follows: "Section 10-16. Public Access, Open Space, and Natural Resources Preservation Maintenance Fund. (a) The purpose of the public access, open space, and natural resources preservation maintenance fund is to accrue and use moneys for maintenance of lands and easements acquired by the public access, open space, and natural resources preservation fund. The maintenance fund will ensure that money is dedicated to preserve the land, promote public safety, and maintain a healthy stewardship. (b) [Def-rnitions.] For the purpose of this section, [thefollowing definitions apply: "M,,itAe.-,a o"] "maintenance" means topreserve and conserve lands and easements acquired by the public access, open space, and natural resources preservation fund and keep them in good repair for public safety. ["Main4enanee " means-a sepafate Gun•a +c�-dratholds moneys difeccca ftem: 1)the genefal fund and propefty tfflc revenues;of 2)designated gfants, to eei.4iibuci0115, pr'9ceecrs ftomthe sale 6'f general r-obligation Y-bonds, E9tiftCYY appropriations, and any athe f setifee of revenue.] (c) There is established a public access, open space,and natural resources preservation maintenance fund(hereinafter"maintenance fund").The maintenance fund shall be administered and managed by the [dep ,.tmenl e& parks and reereation..— The r;,,,,neia Bets of the ,, rto,,.nee ffin shah bet angle by hel department of uuuuviui uup finance. (d) Deposits due to the maintenance fund. (1) In adopting each fiscal year's operating budget, the council shall appropriate one-quarter of one per cent of all real property tax revenue (including interest and penalties) to the maintenance fund. Deposits to the maintenance fund shall occur on a quarterly basis at a minimum. (2) Additional revenue deposited in the maintenance fund may consist of grants and private contributions intended for the purpose of this section, proceeds from the sale of general obligation bonds authorized and issued for the purpose of this section, council appropriations for the purpose of this section, and any other source of revenue. (e) Accounting for the maintenance fund; interest bearing accounts; reporting by the department of finance. (1) All moneys in the maintenance fund shall be deposited in interest bearing