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§ 2-214 HAWAI`I COUNTY CODE <br />Article 42. Public Access, Open Space, and Natural Resources Preservation. <br />Section 2-214. Repealed. <br />(2005, ord 05-85, sec 2; am 2005, ord 05-166, sec 1; am 2006, ord 06-151, sec 1; ord <br />06-169, sec 1; am 2007, ord 07-21, sec 1; am 2009, ord 09-66, sec 2; am 2013, ord 13-31, <br />sec 2; rep 2015, ord 15-97, sec 3.) <br />Section 2-214.1. Public access, open space, and natural resources <br />preservation fund. <br />(a) A public access, open space, and natural resources preservation fund is hereby <br />established. This special fund shall be administered and managed by the finance <br />department. Monies deposited shall be invested in a conservative interest -bearing <br />account that will allow monies to be available for property acquisition and prevent <br />any erosion of the fund's principal amount. <br />(b) The fund shall consist of monies from: <br />(1) The proceeds from the sale of any general obligation bonds, authorized and <br />issued for the purposes of this section; <br />(2) Council appropriations for the purposes of this section; <br />(3) Any source of revenue dedicated by the Charter or the Code for the purposes of <br />this section; <br />(4) Grants and private contributions intended for the purposes of this section; <br />(5) Two percent of Hawaii County real property tax revenues collected annually <br />(including penalties and interest). Deposits will be made to the Fund on June <br />30, 2007 and then again on December 31, 2007, and on December 31 and June <br />30, in successive years, with deposits being calculated on all real property tax <br />payments (including penalties and interest) received in the prior six months. <br />Additional deposits and adjustments may be made at the discretion of the <br />director of finance; <br />(6) Monies from items numbered (1), (2), (3), and (4) above, shall be deposited as <br />received; and <br />(7) Notwithstanding (b)(5) of this section, for the period from July 1, 2009 to June <br />30, 2011, no payments relating to this section shall be allocated or deposited, <br />provided, however, that all payments accrued through June 30, 2009 shall be <br />allocated and deposited by July 31, 2009. <br />(c) The fund shall be used for acquiring lands or property entitlements in the County <br />of Hawaii for the following purposes: <br />(1) Public outdoor recreation and education, including access to beaches and <br />mountains; <br />(2) Preservation of historic or culturally important land areas and sites; <br />(3) Protection of natural resources, including buffer zones; <br />(4) Preservation of forests, beaches, coastal areas, natural beauty and agricultural <br />lands; and <br />(5) Protection of watershed lands to preserve water quality and water supply. <br />SUPP.11 (1-2022) 2-90 <br />