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Mr. Rapoza noted that 1.5 acres is zoned resort and the landowners are willing to sell the property at <br />the County's assessed value. The back parcel, approximately 4 + acres, is zoned agriculture and the <br />adjacent resort parcel could be subdivided into four lots without going through the Special <br />Management Area (SMA) process and public input, if any for potential development. <br />Mr. Hirakami asked how much the assessed value is. Mr. Rapoza replied that the current assessed <br />value for all three Tax Map Key's is 4.2 million. <br />Ms. Springer noted to Mr. Rapoza that she was pleased to see the letters of support from the <br />community and just wanted him to be aware of the moratorium on the 2% fund. Ms. Self added that <br />the moratorium is to suspend future deposits for two years; the money already in the fund is <br />available to spend. <br />In closing Mr. Rapoza stressed how valuable this property would be, given the proximity of the area <br />to provide open space for picnic areas, possible recreational facilities and additional parking for <br />many families to utilize for generations to come. <br />APPROVAL OF MINUTES <br />Ms. Markovich made a correction to Page 2, "Chairperson's Report" to change her comments to <br />read "Ms. Markovich noted that the Commission should address having the language regarding <br />restoration of the PONC funds included. " <br />Mr. Komata made a correction to Page 3, last paragraph, to remove "in the paper" and replace with <br />"which was reported in the newspaper." <br />Commissioner Markovich moved for approval of the minutes of April 13, 2009, regular session, as <br />amended, seconded by Commissioner Komata and carried unanimously by voice vote. <br />WRITTEN COMMUNICATION <br />Communication No. 09 -003: Department of Land and Natural Resources Legacy Land <br />Conservation Commission Meeting Subcommittee on Rules and Management Funds Agenda for <br />April 14, 2009 <br />Communication No. 09 -004: Suggestion Form received on May 13, 2009 from Virginia Aste /Jon <br />Olson, Puna Friends of the Park, re: Acquisition of Acreage for Access to Proposed Cape Kumukahi <br />Regional Park <br />Communication No. 09 -005: Suggestion Form received on May 15, 2009 from Edward J. Rapoza, <br />Island Land Company, Inc., re: Lucile P. Kingman Trust <br />Communication No. 09 -006: Suggestion Form received on May 27, 2009 from RJ Hampton, re: <br />Pahoa Steam Vents <br />Communication No. 09 -007: Suggestion Form received on May 27, 2009 from Mike Varney, re: <br />Old Coast Guard Road to Hono`ipu Landing <br />-2- <br />