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Mr. Flores asked about the status of the Waipi`o Property. <br />Mr. Yada replied that they made a conditional offer at the appraisal value, but it was <br />conditioned upon having sufficient monies in the fund after the Kawa` a purchase. Mr. <br />Yada stated he got an unofficial call from the owner's representative, indicating they <br />were not happy with the value. They understood that the County cannot pay more than <br />the appraised value. They asked for an extension of time (April 30) to respond to the <br />offer. The owners of the land will approach Trust for Public Lands to see if they could <br />get additional monies. The environmental draft of the assessment will be coming out, for <br />publication, in the next newsletter. <br />Mr. Kaneshiro stated once they go out to public meetings, they will need Mr. Yada's <br />help. <br />Mr. Yada stated the State legacy's land fund was in limbo. The governor has not <br />appointed a Commission for that fund. He's not sure how long it will take for them to get <br />it up and running on their program. Their program is based on an annual grant type of <br />award. People would apply for funding for acquisitions, and the Commission would <br />review it. At the end of the year, they would decide on how to award the funds based on <br />the applications. Mr. Yada stated during the phone seminar they had a few weeks ago, <br />most funds approached acquisitions from a longer time period. Any seller that was going <br />to work in using the State funds was going to have an extended acquisition over a couple <br />of years. <br />Mr. Gilmartin asked if it was in the works to fix the problem of what appeared to be the <br />limit on the County only buying something for the assessed value or, someone else <br />coming in and paying the difference between the assessed value and the asking price. <br />Mr. Flores asked about clarifying the language in the existing ordinance. <br />Ms. Self replied that Corporation Counsel was talking about people donating money as <br />long as the County wasn't paying over the appraised value. <br />Mr. Gilmartin thought that the County could not participate in buying lands, if the price <br />was actually above the appraised value. <br />Ms. Self replied no, it just says that the County cannot under any circumstances pay over <br />the appraised value. Any donation from a private person would have to be accepted by <br />the Council. But, it wouldn't show up as tax payer monies being paid. That's the whole <br />point of the Ordinance. <br />Mr. Yada thought it needed to be pointed out. This was not an official opinion but, as <br />long as the County doesn't provide more than the appraised and as long as it's clear that <br />the County was not paying that additional amount. <br />