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Mr. Komata asked Mr. Whitt if they're subject to the "yellowbook appraisal." Mr. Whitt replied <br />no longer, it just has to be according to the USPA (Uniform Standards of Professional <br />Appraisal). Mr. Sensenig replied no that it's not required. <br />Mr. Flores thanked them both for their time. <br />APPROVAL OF MINUTES <br />Motion: Commissioner Markovich moved for the approval of the minutes of December 14, <br />2009. Seconded by Commissioner Garcia; all members voted aye, motion carried. <br />DEPARTMENT OF FINANCE REPORT <br />Mr. Van Bergen reported that the County is in escrow for the acquisition of 1,100 acres in <br />Kaiholena North and the scheduled closing date is 1/28. Ms. Garcia asked how much are we <br />using from the 2% fund. Mr. Van Bergen replied 6,541,000.00 plus closing costs. <br />At this time, the County is still talking to the owners of Kaiholena South; however he doesn't <br />think that we can afford all three parcels. <br />In regards to Pa`o`o, we are trying to put a deal together since the landowner wants to close <br />sooner and we won't get our matching funds until June or July. <br />He noted that Mr. Olson accepted the County's offer of 3.9 million for the three parcels in Kawa. <br />We are currently working with both the State and Federal in submitting the necessary paperwork <br />to obtain the grant monies for the Kawa purchase. <br />The acquisition cost of Lapakahi will be covered 100% with State and Federal grant monies <br />thanks to The Trust for Public Lands for taking the lead. <br />The County will be ordering an appraisal for the Kingman properties in Kona as we are <br />"exploring" options and thinking about initially acquiring two of the three parcels which are <br />closer to the nearby County parks. <br />He concluded by saying that the Mayor received the 2009 Annual Report and his <br />recommendations will be submitted to the County Council within sixty days. <br />OFFICE OF THE CORPORATION COUNSEL'S REPORT <br />Ms. Self reported that on 2/21 there will be an official signing of the Memorandum of <br />Understanding between the County of Hawaii, State Na Ala Hele and National Park Service <br />(NPS) for the Ala Kahakai trail system. Since the NPS has already created a 501(c)(3), they will <br />be taking over management and maintenance of the trail areas. NPS also has a contract with the <br />University of Hawaii to create a database that will allow the County, State and Federal to work <br />from and at the same time access information. In addition the signage for the trail system will <br />also be handled by the community groups in Kohala. <br />-3- <br />