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<br /> <br />DEPARTMENT OF FINANCE <br /> <br />Mr. Van Bergen reported that we are in escrow for Kaiholena however there will be a slight delay due <br />to the appraisal review process with the State, Dept. of Land and Natural Resources before we can <br />receive the 1.6 million from LLCP. We do anticipate closing escrow during this fiscal year and once <br />completed all five parcels will be acquired for public use. <br /> <br />Escrow is still open from almost a year ago for acquisition of the Kingman properties since we are <br />holding over 200,000 for maintenance and management. The owner cleaned up the front parcels and it <br />The parcel in the back has burials and arch sites and once we obtain plan approval from the Burial <br />Council, clean-up can be done and the remaining money held in escrow can be released. <br /> <br />conservation, there are issues that needs to be resolved and subdivision approval needs to be obtained <br />from the State before we can move forward. <br /> <br />In regards to Kahuku, we have State and Federal matching funds available and we may be able to <br />move forward for acquisition later this year depending on the balance in the 2% fund. <br /> <br />Mr. Hirakami asked if we are expecting a transfer into the fund. Mr. Van Bergen replied that there are <br />four deposits into the 2% fund every year. Larger deposits come in during March and September and <br />st <br />the next deposit should be around March 31. <br /> <br />Ms. Byrne Baber asked for an update of how non-profits can apply for stewardship grants from the <br />Maintenance Fund. Mr. Van Bergen replied that Parks and Recreation will be handling that and he <br />will provide more information at the next meeting. <br /> <br />Mr. Hirakami asked about the Maintenance Fund and if the monies will be kept separate from the 2% <br />Fund. Mr. Van Bergen replied that yes, it will be separate accounts. Ms. Kelepolo added that she will <br />provide the accounting report for both funds on our web-site and will also provide updated information <br />to the Commission. <br /> <br /> <br /> <br /> <br />Mr. Brilhante had nothing to report. Mr. Hirakami asked about a sunshine law training. Mr. Brilhante <br />replied that Mr. Lincoln Ashida will be doing one soon but if they want to do one in-house he can do <br />one for them at the next meeting. <br /> <br />Ms. Nicholson commented that this training will be good for the new members and to clarify site visits <br />for the commissioners. Mr. Hirakami asked if there are waivers for site visits. Mr. Brilhante replied <br />that the only entity that has a waiver is the State Legislature since they passed the law. <br /> <br /> <br /> <br />Ms. Nicholson had nothing to report. <br /> <br /> <br />- 4 - <br /> <br />