Laserfiche WebLink
EXHIBIT "A" <br />ALTERNATIVE AMENDMENT TO <br />CHARTER AMENDMENT NO. CA -18, DRAFT 2 <br />BE IT ENACTED BY THE PEOPLE OF THE COUNTY OF HAWAII: <br />Section 1. Article X, Section 10-16, of the Hawai`i County Charter (2018 <br />Edition), is amended to read as follows: <br />"Section 10-16. Public Access, Open Space, and Natural Resources Preservation <br />Maintenance Fund. <br />(a) The purpose of the public access, open space, and natural resources preservation <br />maintenance fund is to accrue and use moneys for maintenance of lands and <br />easements acquired by the public access, open space, and natural resources <br />preservation fund. The maintenance fund will ensure that money is dedicated to <br />preserve the land, promote public safety, and maintain a healthy stewardship. <br />(b) [Definitions.] For the purpose of this section, [the following definitions apply: <br />"Maintenance"] "maintenance" means to preserve and conserve lands and <br />easements acquired by the public access, open space, and natural resources <br />preservation fund and keep them in good repair for public safety. <br />["Maintenance fund" means a separate fund that holds moneys directed <br />from: 1) the general fund and property tax revenues; or 2) designated grants, private <br />contributions, proceeds from the sale of general obligation bonds, council <br />appropriations, and any other source of revenue.] <br />(c) There is established a public access, open space, and natural resources preservation <br />maintenance fund (hereinafter "maintenance fund"). The maintenance fund shall be <br />administered and managed by the [department of parks and recreation. The <br />-] department of <br />IP <br />finance <br />(d) Deposits due to the maintenance fund. <br />(1) In adopting each fiscal year's operating budget, the council shall <br />appropriate one-quarter of one per cent of all real property tax revenue <br />(including interest and penalties) to the maintenance fund. Deposits to the <br />maintenance fund shall occur on a quarterly basis at a minimum. <br />(2) Additional revenue deposited in the maintenance fund may consist of grants <br />and private contributions intended for the purpose of this section, proceeds <br />from the sale of general obligation bonds authorized and issued for the <br />purpose of this section, council appropriations for the purpose of this <br />section, and any other source of revenue. <br />(e) Accounting for the maintenance fund; interest bearing accounts; reporting by the <br />department of finance. <br />(1) All moneys in the maintenance fund shall be deposited in interest bearing <br />