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(i) <br />The council shall by ordinance establish procedures for the administration and <br />expenditure of moneys in this fund. <br />This fund shall be used for acquisition of land and easements and shall not be used <br />for development, maintenance or for any purpose other than as provided in this <br />section. <br />The highest and best use of this fund is to leverage the money in the fund by <br />attracting matching funds, although, matching funds are not required in every <br />purchase. <br />Any land acquired with this fund shall contain the following restrictive covenant in <br />its recorded deed of conveyance: "This land was acquired with moneys from the <br />Public Access, Open Space, and Natural Resources Preservation Fund. It shall be <br />held in perpetuity for the use and enjoyment of the people of Hawai`i County and <br />may not be sold, mortgaged, traded or transferred in any way." <br />Any easement acquired with this fund shall contain the following restrictive <br />covenant in its recorded deed of conveyance: "This easement was acquired with <br />moneys from the Public Access, Open Space, and Natural Resources Preservation <br />Fund. It shall be held in perpetuity for the use and enjoyment of the people of <br />Hawai`i County and may not be sold, mortgaged, traded or transferred in any <br />way.»» <br />4 of 4 <br />Form CA -1 <br />Revised 8/29/18 <br />