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Mr. Yada replied that their situation was to do with the appraisal. So they went through a <br />process of reviewing the appraisal and having another appraiser; but it still was based on <br />the certified independent appraiser. <br />Mr. Kaneshiro asked if the County does not pay more than the appraisal then can other <br />funds be brought in to assist in acquiring the property. <br />Mr. Yada stated he sees that being the only other alternative; some source of private <br />funding willing to be added into the pot. Mr. Yada stated the unofficial reading from <br />Corporation Counsel was that as long as the County doesn't pay anymore than what the <br />appraisal says additional monies from private funds can then be used to supplement what <br />the owner wants. Mr. Yada stated as long as other sources are willing to pay and as long <br />as the County doesn't pay more than the appraisal, other sources are okay. <br />Mr. Yada also stated that as far as the additional Kawa` a parcels, he thought it was a <br />good candidate for pooling different sources of funds. Mr. Yada stated the owner could <br />afford to wait therefore willing to work with the County. <br />OFFICE OF THE CORPORATIN COUNSEL'S REPORT <br />None. <br />CHAIRPERSON'S REPORT <br />Mr. Kaneshiro thanked Mr. Campbell for attending the County Council's Finance <br />Committee meeting that was held on March 8, 2007. The Committee talked about the <br />annual report that was submitted to the Mayor and then sent on to the County Council. <br />Mr. Kaneshiro stated in the report, the Mayor's recommendation was to stick with the <br />two projects, Kawa`a/ Kawa`a Bay Property and the Waipi`o Lookout Property, since <br />there's not much funding. <br />Mr. Kaneshiro stated that properties are very expensive in Hawaii. The Commission <br />will not be able to show the real successes that the general public wants by buying all <br />these properties but one thing that we may be able to show is properties that have access. <br />Mr. Kaneshiro suggested the Commission draft up two different lists; one list to purchase <br />and the other list would be for access. Mr. Kaneshiro stated the funding was not going to <br />be that much money and most of it would be negotiations between the State, Federal or <br />private entity. <br />Ms. Springer asked about the Mayor's recommended top two... did the Mayor discuss <br />access on the Commission's number two property which was Pohue Bay. <br />Mr. Yada stated based on this report, the Commission's recommendation were Kawa`a <br />and Pohue Bay as number 1 and 2. Based on the Mayor's transmittal to Council, he <br />interpreted it to mean that the Mayor was maintaining the priority as Kawa`a and Waipi`o <br />